KO Appraisal
Commercial service
Industrial
Warehouse, distribution, flex, and single- or multi-tenant industrial buildings.
What makes this assignment different
Clear height, loading dock configuration, and power service decide which tenants can physically occupy the building, and therefore what it is worth.
Who orders this appraisal
- Owners
- Lenders
- Investors
- Attorneys
What the engagement covers
- Clear height. It determines how much can be stored per square foot of floor, and it is often the single largest physical driver of rent.
- Loading: dock-high door count, grade-level access, and whether the configuration is rear-load or cross-dock.
- Truck court depth, and whether a tractor-trailer can manoeuvre without encroaching on the drive aisle.
- Column spacing and floor slab capacity, which determine how the space can actually be racked and used.
- Power supply and, for cold storage or manufacturing, whether the specialised improvements are an asset or a cost to remove.
- Land-to-building ratio, and whether surplus land has separate value or is required for circulation and trailer parking.
How it works
- Building specification: clear height, dock and grade door counts, column spacing, slab thickness, power service.
- A site plan showing truck court dimensions, trailer parking, and yard area.
- Leases and a rent roll, with the recovery basis stated.
- Details of any specialised improvement, including cold storage, cranes, or heavy power, and whether it transfers.
- Environmental reports where the prior use suggests they exist.
What you receive
USPAP-compliant appraisal of industrial property. Standard turnaround is 1–3 weeks. Rush appraisals available for urgent deadlines.
| Appraiser | Kevin O'Brien, MAI, SRA |
|---|---|
| License | CA Certified General Real Estate Appraiser #3005065 |
| Standards | USPAP compliant |
| Turnaround | 1–3 weeks standard; rush available |
| Testimony | Deposition and expert witness testimony available |
Common questions
Which approach to value governs for industrial property?
Income capitalisation for leased investment property. Sales comparison is unusually informative for owner-user industrial, where buildings are relatively comparable on measurable physical specifications and buyers are occupiers rather than investors. The cost approach matters more here than for most types, because special-purpose improvements and newer construction are common.
What industrial subtypes do you appraise?
Warehouse, distribution, cold storage, flex, manufacturing, truck terminal, and self storage, per his declared competency.
What is the most common error in these valuations?
Valuing on building area alone. Two buildings of identical size can differ substantially in value because one has adequate clear height and truck court and the other does not. Specification is not a detail here, it is the product.
Next step
Tell me about the property.
Most assignments start with a short call, property type, the purpose of the appraisal, and the deadline you are working against. You get a fixed quote before any engagement, never contingent on the value reached.
Typical commercial fees range $2,000–$4,000. Residential and simpler assignments quote lower. Every engagement is quoted in advance, so the figure is known before work begins.