Commercial Appraisal Services
McCoy Valuation
What can we help you with
Real estate represents a significant portion of a company’s assets. In today’s real estate market, realizing the potential of those assets requires the insight and expertise of a dedicated commercial real estate advisory team. McCoy Valuation’s will work with you to understand your companies strategic real estate objectives. Then, identify opportunities and provide advice and action plans for meeting your short and long term goals.
Understanding what your land is worth can be a difficult task. From marshland and wetlands to vacant…
The industrial real estate industry has experienced enormous growth as demand for goods has accelerated…
From free-standing properties and convenience stores to restaurants and auto dealerships, the retail…
Small and large office properties have long made up a significant portion of the over all commercial real estate market. With the rise of service workers has come the…
The apartment industry in the United States has attracted significant investor interest. From small time investors to large private investment first and real estate investment…
McCoy Valuation
Commercial Appraisal Services
McCoy Valuation provides commercial appraisal and real estate consulting services throughout Virginia and North Carolina. Our primary markets include Hampton Roads, Richmond, and Eastern North Carolina. For select assignments, our team travels to sites in Northern Virginia, Western Virginia, and Western North Carolina. We provide multifamily, industrial, retail, office, and land appraisals.
Our focus is high-quality and independent valuation analyses that help our clients make intelligent, market-based decisions. With over 30 years of appraisal experience, McCoy Valuation has completed numerous assignments of real estate properties of all types. We offer 1-, 2-, and 3-week turnaround times at competitive prices.
McCoy Valuation
Appraisal Valuation Types
In traditional valuation theory, the three core approaches to commercial real estate property valuation include the Sales Approach, the Income Capitalization Approach, and the Cost Approach. Each method for valuation highlights a different aspect of the real property being appraised. For example, the Cost Approach considers the cost to replace proposed improvements as well as the depreciation of the subject property and the market value of the land. The Income Capitalization Approach analyzes the cash flows associated with a property and applies a valuation multiple or capitalization rate.The Sales Approach focuses on price relative to comparable properties that have sold in the past.
As-Is Market Valuation
The estimate of the market value of real property in its current physical condition, use, and zoning as of a certain date.
As-Complete Valuation
The estimate of the value of real property upon the completion of new improvements, often for proposed developments.
Upon Stabilization Valuation
An estimate of the value of real property at a stabilized level of occupancy.
Prospective Valuation
A value opinion effective as of a specified future date.
Retrospective Valuation
A value opinion effective as of a specified historical date.
Insurable Replacement Cost
An estimate of the replacement cost of the improvements, exclusive of land value and profit, and the costs associated with site work, and architects fees.
Liquidation Value
The estimate of value of real property sold under specific circumstances whereby disposition within a limited and designated timeframe.
Go Dark Value
An estimate of the value of real property should it become vacant.
McCoy Valuation
Valuation Approach
In traditional valuation theory, the three core approaches to commercial real estate property valuation include the Sales Approach, the Income Capitalization Approach, and the Cost Approach. Each method for valuation highlights a different aspect of the real property being appraised. For example, the Cost Approach considers the cost to replace proposed improvements as well as the depreciation of the subject property and the market value of the land. The Income Capitalization Approach analyzes the cash flows associated with a property and applies a valuation multiple or capitalization rate.The Sales Approach focuses on price relative to comparable properties that have sold in the past.
Sales Approach
Estimating the value of real property based on the sales price of comparable properties using a unit value such as price per square foot or per unit.
Income Capitalization Approach
Valuing real property based on an estimate of a property’s net operating income and the capitalization of income to relate a property value.
Cost Approach
Estimating property valued based on the cost to replace the improvements (less depreciation) plus the acquisition cost of the land.
Appraisal Valuation Types
Multifamily
- Low-Rise Garden
- Mid-Rise/Elevator
- Affordable Housing
- Senior Living
- Student Housing
Land
- Multifamily Sites
- Commercial/Industrial
- Agriculture
- Timberland
- Residential Subdivisions
Industrial
- Warehouse/Distribution
- Owner/User Office/Warehouse
- Manufacturing Facilities
- Self-Storage Facilities
- Flex Buildings
- Truck Terminals
Specialty Properties
- Mixed Use
- Parking Lots
- Breweries
- Golf Courses
- Marinas
- Cargo Terminals
- Vacation Rentals
- Daycares
- Schools
- Churches
- And more
Retail
- Free Standing
- Restaurants
- Strip Centers
- Convenience Stores
- Outlets
- Lifestyle Centers
- Auto Service/Dealerships
- Movie Theaters
Office
- Medical Office
- General Office
- Office-Condos
- Call Center
- Life-Science
- Live-Work
McCoy Valuation
Leading Commercial Appraisal Company in VA & NC
As a leading commercial appraisal company, we work with clients ranging from individuals and small businesses to local municipalities and large financial institutions.
Client Types
- Banks/Credit Credit Unions (Local, Regional, National)
- Accountants
- Attorneys
- Individuals / Families
- Asset Management Companies
- Private Lenders
- Brokerage Firms
- Governments (Local, State, Federal)
- Private Equity
- Property Owners
- Real Estate Investment Trusts (REITs)
We strive to provide appraisal reports and studies that address a variety of potential uses. By understanding our clients’ needs, we are able to tailor our analysis with accurate and relevant data for specific use cases.
McCoy Valuation
Appraisal Uses
McCoy Valuation clients range from investors and lenders to business owners and municipalities, with varying uses for our commercial real estate appraisal uses. Below are some of the most common scenarios and examples of uses of our commercial appraisal reports.
Financing
We help banks, credit unions, and other lenders value real property as collateral for new loans and refinancings.
Internal Decision Making
We help clients value property to inform business decisions for operating companies.
Real Estate Investment Analysis
Analyzing the value of a property to a specific investor based on specific investment parameters.
Portfolio Valuation
We value groups of properties for clients seeking to buy, sell, or refinance multiple properties.
Acquisition / Disposition
We work with clients who are purchasing or selling real property assets.
Property Tax Reviews & Appeals
We help clients understand their assessed values for reviews, appeals, and other taxation purposes.
Litigation
We value real property for clients seeking to resolve legal conflicts.
Insurance
We analyze insurable replacement cost of improvements for property owners and lenders for insurance coverage purposes.
Dispute Resolution
We provide independent valuation for clients seeking a third-party opinion of value.
Divorce
We value real property for clients needing to estimate market value in marriage dissolutions.
Estate or Gift Taxation Purposes
We help clients who are valuing real property for IRS or taxation purposes.
McCoy Valuation
Contact Our Team
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