Industrial AVM Survey

Location
Building
Area
Nbrhood
$

Location

Answer as many of these questions as you can. The more you can answer with accuracy, the more accurate the valuation will be.

What is the address of the property you want to value?

Country:

State:*

Metropolitan Area:*

Number/Street:* /

City or Town:*

Building

Check off any that apply about the building.

Stories

One story

One story, with partial second floor

Two full stories

Three or more stories

Construction

Brick, concrete or concrete block walls

Flat roof

Metal exterior walls

Metal roof cover

Steel frame

Low-pitched roof

Wood frame

Gable roof

Quality

High quality building

Average quality building

Low quality building

Multiple Buildings

Multiple buildings, connected

Multiple buildings, detached

Shop/Warehouse Height

Shop/warehouse space is shop height (14' or less to bottom of joists)

Shop/warehouse space is middle height (15' to 20')

Shop/warehouse is high bay (over 20' height)

Office Space

Office space is large (1/3 or more of the space in the building)

Office space is average (10% to 30% of the space in the building)

Office space is small (less than 10% of the space in the building)

Office Quality

Good quality offices (new carpet, good windows, split or central air conditioning)

Average quality offices (carpet or tile floors, through-wall air conditioners)

Fair or poor quality offices (worn carpet, damaged ceiling tiles)

Loading doors

Good access to loading door(s) for trucks

Difficult access to loading door(s) for trucks

Tailgate loading door(s)

Drive-in door(s)

Mezzanine storage

If checked, how much? Enter in square feet. Exclude mezzanine area from building area.

Miscellaneous

Air-conditioned offices

100% air-conditioned building

Freight elevator

Refrigerated space (windowless, insulated, with separate cooling equipment)

Rail-spur (active)

Extra land for expansion

Parking

Good on-site parking

Not enough on-site parking

Requires parking in street

Parking lot

Paved parking lot

Dirt parking lot

Landscaping

Good landscaping (lawn, walkways, mulched shrubs)

Water

Municipal water

On-site drinking water well

Don't know

Sewer

Municipal sewer

On-site septic disposal system

Don't know

Attractiveness

Attractive facility

Average attractive facility

Unattractive facility

Area

What is the area of the building, in square feet?

Advice: The building area is the area that is finished off as enclosed industrial space. It is calculated from the building's exterior measurements. If a building measures 50' x 100' on the outside, and if it has one story, then its area is 50x100x1, which is 5,000 square feet. Exclude unheated loading docks. Include space on upper floors. Exclude basements unless they have headroom of 7' or more and unless they have access from a freight elevator, an overhead door to the outside, or a conveyor belt.

If you need help finding an online source for the building's measurements, click here.

You can enter the amount with or without commas or decimals. For example, these are all valid formats: 5000 or 5,000 or 5,000.00.

Square Feet:*

Neighborhood

Check off any that apply about the neighborhood.

Industrial park

Modern industrial park

Neighborhood Quality

High quality neighboring buildings

Average quality neighborhood

Fair quality neighborhood

Miscellaneous

Wide access roads

Abandoned building(s) nearby

Dirt road access

Isolated location (no other industrial buildings nearby)

Residential neighborhood

Highway interchange

Highway access within one mile

Highway interchange 1-2 miles distant

Highway interchange 3 or more miles distant

Traffic

Exposure to heavy traffic (highway or other main road)

$ - Financial

Tenants

Building has one occupant (either tenant or owner)

Two occupants (tenants including owner)

Three or more occupants (tenants including owner)

Vacancy

Building is vacant

Part vacant

Full

Would a new owner be able to take occupancy of 50% or more of the building?

Yes

If the building has other sources of income (billboards, antennas, parking that is rented separately, etc.), how much does it add up to per year?

Don't Know

What is the Market Rent, overall, for space in this building? (This will help us give you a more accurate Value Output. This is a rate per square foot per year. This might be the same rate that other owners are getting for similar space nearby â€” say, $4.00 per foot, or $7.00 per foot.)

Please use a decimal format, e.g. 4.00, 6.50

Don't Know

**Answer this question only if you input the Market Rent in the preceding question.

If they were paying market rent, would the tenant(s) make additional payments for some or all of the building's expenses? (This is typical in net leased buildngs or "triple net" leased buildings where the tenant(s) pay for utilities, real estate taxes, insurance, and, sometimes, maintenance, or other expenses.)

Don't know

Yes, for these

Electric

Heat

Water and/or Sewer

Real estate taxes (100% by tenants)

Property Insurance

Maintenance (trash removal, slow plowing, repairs, etc.)

Management

If you know any of the operating expenses, enter them here. (A good source of the information would be a broker's listing sheet or, if you're the owner, last year's tax return.) If you don't have them, leave the boxes empty.

Real estate tax (annual bill)

Property insurance premium (annual)

Heat (annual)

Electricity (annual)

Heat is electric

Water and sewer bill (annual)

Maintenance and repairs (annual)

Management (the fee paid to a building management company, if any)

Administrative costs (legal, accounting, broker, advertising, etc.)