Commercial Real Estate Appraisal Division
Our commercial appraisal department is focused on income-producing, mixed-use, and complex properties where accuracy, consistency, and credibility are essential. Each assignment is approached with disciplined analysis, regional market expertise, and clear communication from start to finish. Our commercial appraisal division provides defensible, market-supported valuations for lenders, attorneys, investors, and private clients, with recognized expertise in coastal, resort-driven, and investment-oriented real estate markets.
Our coverage area includes all seven cities of Hampton Roads—Virginia Beach, Chesapeake, Norfolk, Suffolk, Portsmouth, Newport News, and Hampton—as well as the Outer Banks and surrounding coastal markets, including Carova, Corolla, Duck, Southern Shores, Kitty Hawk, Kill Devil Hills, Nags Head, and Currituck County. We also complete commercial appraisal assignments across the Washington, DC–Maryland region, including Washington, DC, Bethesda, Potomac, Chevy Chase, Rockville, Silver Spring, Gaithersburg, McLean, Arlington, Alexandria, Fairfax, and other investment-driven markets.
Property Types
Office Properties
Single-tenant and multi-tenant office buildings, including owner-occupied and leased assets, with analysis of market rents, vacancy, and demand.
Retail Properties
Retail storefronts, strip centers, and neighborhood commercial properties, accounting for location, tenant mix, lease structures, and market stability.
Industrial & Flex Properties
Warehouse, light industrial, and flex properties, with consideration of functional utility, zoning compliance, and income performance.
Multifamily Properties
Small-to-mid multifamily properties (2–20+ units), utilizing market rent studies, operating expense analysis, and income capitalization.
Mixed-Use Properties
Mixed-use assets combining residential, retail, and office components, requiring blended income analysis and highest and best use conclusions.
Income-Producing & Investor-Oriented Assets
Income-Producing Residential Properties
Commercial-style valuation of residential properties classified as income-producing assets due to rental activity or investor ownership.
Short-Term Rental (STR) Properties
Specialized appraisal of short-term and vacation rental properties, addressing income sustainability, seasonality, regulatory factors, and market risk.
Long-Term Rental Properties
Stabilized rental properties utilizing market-supported rents, expense analysis, and appropriate capitalization methodologies.
Land, Development & Advisory Assignments
Commercial & Development Land
Land intended for commercial or residential development, with analysis of zoning, site constraints, and market feasibility.
Waterfront & Coastal Development Sites
Specialized land appraisal services considering environmental factors, flood zones, easements, and coastal market limitations.
Highest and Best Use Analysis
Determination of the most economically productive use of a property based on legal, physical, and financial feasibility.
Feasibility & Advisory Valuations
Pre-acquisition and pre-development valuation services supporting investor analysis, financing decisions, and risk management.
Special-Use & Complex Commercial Properties
Special-Purpose Properties
Properties with unique characteristics or limited markets requiring advanced valuation techniques and professional judgment.
Residential–Commercial Hybrid Properties
Properties that fall between traditional residential and commercial classifications and demand customized analytical approaches.
Waterfront & Resort-Area Commercial Assets
Commercial appraisals reflecting the unique income patterns, buyer behavior, and valuation challenges of resort and coastal markets.
Intended Uses
Each commercial appraisal report is developed with a clear understanding of the intended use and intended user, ensuring defensibility and reliability. Intended uses include, but are not limited to:
Bank and Portfolio Lending
Purchases and Refinancing
Estate and Trust Valuation
Divorce and Equitable Distribution
Litigation Support and Expert Witness Testimony
Pre-Acquisition and Investment Analysis
Partnership Buyouts and Advisory Assignments
