Commercial Property Valuation
A commercial property is worth what its income, its comparables and its alternatives say it is worth, and a good opinion of value shows all three. BigSpace provides advisory valuations for offices, retail units, pre-leased assets and commercial land that state their evidence and their assumptions, and coordinates registered valuers for formal reports.
Who This Service Is For
- Sellers setting a price and buyers testing one
- Investors underwriting a pre-leased purchase
- Owners refinancing or reporting
How We Work
Requirement assessment
Scope agreed in writing: the asset or site, the questions to answer, the documents needed and the deadline.
Document collection
Title papers, approvals, plans, consents and financials assembled from the counterparty, the registry and the authorities.
Evaluation & due diligence
Title, approvals, measured area, utilities and access verified before a site visit is arranged.
Findings & ranking
Every finding ranked: deal-breaker, cure before completion, or price into the terms.
Report & recommendation
A written report in plain terms with the evidence attached, fit to be relied on by your board, counsel or lender.
After-sales support
We stay available through negotiation and completion to resolve what the report raised.
What We Evaluate
- Passing and market rent, and the gap between them
- Capitalisation rate from comparable investment sales
- Comparable sales on a per-square-foot basis, adjusted
- Lease term, covenant and re-letting risk
- Building grade, ownership structure and outgoings
Frequently Asked Questions
How do you value a pre-leased property?
Primarily on income: the net rent capitalised at a rate drawn from comparable investment sales, adjusted for the lease’s remaining term and the tenant’s covenant, and cross-checked against vacant-possession value.
Do you value individual office units?
Yes, from single units in strata-titled buildings to whole floors and buildings.
What is the turnaround?
An advisory opinion in one to two weeks for a standard asset; formal registered reports follow the valuer’s timetable.
Request Details & Schedule a Tour
Industries we serve
