Zaxia is a quick and easy way to home in on the value of your commercial property.
You tell us about your building. We tell you what it is worth.
Zaxia is an automated valuation model, or AVM, for commercial real estate. Zaxia was developed by senior commercial real estate appraisers who know what is important to commercial property value. Our appraisers have worked for decades to learn how to accurately value apartment buildings. They also know how to make accurate valuations of office, retail and industrial buildings. With over ten years in development of this website, our experts have worked to make the valuation process simple. Simple, but accurate.
Zaxia's name comes from "axia", the Greek word for value or worth. We've started in Boston and are working to cover the U.S. and anywhere else in the world where rental buildings are sold. From Albuquerque to Zanzibar. "Axia", from A to Z: Zaxia.
We believe that you will find Zaxia informative and easy to use. If you do not, we would like your feedback so that we can better serve your needs.
Please send us any comments or questions on our Contact page.
In the course of making many commercial property appraisals for lenders and property owners, it occurred to me that three or four weeks is a long time for people to wait to find out what their property is worth. Other sites were helping people learn the value of their houses in real time. Why not commercial real estate? Often the value for a rental property is simply a function of things that can be known on day one: the rent, the vacancy, and the expenses. Appraisers will always be in demand. An AVM for commercial real estate can never be as thorough as a good appraiser, but it can be quicker. And it can help people home in on their value without the long wait.
Eric Reenstierna, Zaxia Founder