Valuation of Multi-Purpose Buildings
A rising trend in non-residential real estate is the proliferation of large multi-purpose buildings. These buildings can include retail space, offices, apartments, condos, restaurants, recreation facilities, parking, storage and other uses. They should not be treated as single purpose buildings, and this poses a significant challenge for valuation.
I have devised a method that uses model-derived rates for various components of each building to estimate and capitalize the income stream and can also integrate the results of a sales or cost models to facilitate a reconciled approach to value for these increasingly common and highly valuable properties.
Let’s make this novel approach work for you!
Valuation of Multi-Purpose Buildings
Presentation of a method for using income models to estimate values for large buildings that contain more than one type of space or use.