Residential Building at Dawn

Commercial Appraisal

If you are curious to know the overall value of your commercial property, George K. H. Lau & Associates, Inc. is the name to know. With years of experience working in the real estate market, our experts understand what makes a property valuable and what modern buyers are looking for. We would be more than happy to investigate your property and provide you with a trusted appraisal in no time.

If you’d like to learn more about our qualifications or schedule a meeting, please dial (808) 536-8651 today.

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Understand Your Property Value in a Fluctuating Real Estate Market

Hawaii has always had one of the most vibrant and competitive real estate markets in the country. With more and more people moving to the islands annually, more businesses are popping up, so if you are looking to sell, you’re usually in a good spot.

However, understanding the value of your property will depend on various factors that can be very hard to keep track of. At George K. H. Lau & Associates, Inc., it is our job to understand market trends and communicate them to our customers regularly.

When it comes to appraising your business property, our experts are more than qualified to provide you with accurate information – so please let us know if you’d like to access our services.

Our Team will Take Charge of the Real Estate Appraisal Process

While the value of your business property will depend on various factors, two are more important than all the rest: location and potential for profit.

Location

The value of the location of your property will depend on its proximity to other businesses and potential clientele. Commercial property owners will have an easier time renting out a business location in a shopping hub than somewhere more secluded, although this can be industry dependent.

Potential for Profit

Another factor that should be considered closely is how much potential income the property could bring in. For example, the larger the space is and the more it offers to different kinds of businesses, the higher its value will be.

Our team will heavily weigh the physical well-being of the property and its vulnerability to natural risks in the appraisal process. 

Hire the Right Appraisers – Hire Us

The accuracy of your appraisal will play a significant role in the real estate proceedings that follow. An inadequate assessment can have a property owner under or overvaluing their property – a mistake that could drive real estate agents and potential buyers away. Having a nuanced understanding of the value of your property and the reports to prove it will put you in good standing and help you achieve a profitable sale or settlement.

With years of extensive experience, George K. H. Lau & Associates, Inc. is very confident that we are the best choice to appraise your business property.

If you’d like to discuss the process in further detail, or if you have questions or concerns, we are always happy to chat with you. Reach us by phone or email or visit our FAQ page to find the information you seek!

Honolulu Commercial Real Estate Appraisals

The present value or the anticipated value of a commercial property hinges on a variety of factors. To determine the true value of a property, a professional must conduct extensive research into the property market, future projections, and the intended use of the property. No stone must be left unturned, and no question left unanswered.

When developers, businesses, and individuals require a commercial appraiser in the Honolulu area, they contact George K. H. Lau & Associates, Inc..

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Rely on Our Commercial Real Estate Appraisers

We are a team with experience in the appraisal of retail outlets, hotels, office buildings, development lands, and everything in between. As certified members of the American Society of Appraisers, we strive to do our best for our clients. It isn't enough for us to live up to the standards set before us—we strive to raise the standards of excellence in our field. With our in-depth research practices and richly detailed reports, we've managed to do just that.

When we assess your property, we take four important factors into account. These all-important factors are:

  • Scarcity
  • Desire
  • Utility
  • Effective purchasing power

Services Tailored to You

With these four factors always at the forefront of our minds, we give you an appraisal report that speaks to your concerns, as well as present-day realities and future considerations.

Whether you are looking for a self-contained, summary, or restricted-use report, our firm can be of assistance. We promise a richly detailed comparative analysis, an estimated valuation, and an outline of any factors that may compromise the property's value. Call us today to learn more.

For All Your Property Appraisal Needs

There are countless reasons why you might request our services. Rest assured, no matter the reason, we will surely be able to assist you. While many of our clients are prospective buyers or sellers hoping to determine the most adequate selling price or counter-offer, we also extend our services to other parties in need.

Other reasons commercial appraisals might be conducted include, but are not limited to:

  • Mortgage lending purposes
  • Aiding business dissolutions
  • Tax assessments
  • Corporate mergers
  • The issuance of stock
  • Government acquisitions of private property
  • Feasibility studies for construction purposes
  • Information for reasons related to investment matters
  • Advising zoning boards

No matter the reason for your appraisal, we will conduct our work carefully and present all findings in a richly detailed report.

Accurate and Unbiased Estimates

Offering accurate and unbiased estimates of the market value for a wide variety of commercial properties in Honolulu, George K. H. Lau & Associates, Inc. provides professional and accredited appraisals services. We work for a range of industries that include any types of retail outlet, corporate / office buildings of all sizes; hotels, motels; accurate and detailed appraisals for land developers and much more.

Accurate Commercial Real Estate Valuations

Whether you require a market value figure for a single property, or a detailed evaluation for your entire portfolio of real estate in Honolulu, our licensed appraisers provide unbiased market evaluations for:

  • New and existing properties
  • Vacant land and land fill properties
  • Hotel, motels, resorts, timeshares
  • High rise & low rise office buildings
  • Mixed office/Corporate / Industrial warehouse facilities
  • Manufacturing facilities
  • Shopping centers / Plaza strip malls
  • Automotive centers / Car dealerships
  • Medical clinics
  • Senior living facilities
  • Condominiums and other investment properties
  • Virtually all commercial real estate in Honolulu and surrounding area
  • Detailed Appraisal Reports

A professional commercial appraisal not only determines the market value of the primary property itself, but also factors in rental rates and expenses paid out for maintenance among many other specifics. Unlike a residential appraisal where the inspection makes up the bulk of the estimation, a commercial appraisal includes a series of additional elements essential to an accurate financial evaluation. Our detailed documentation reflects the value of a property within a standard and relevant set of aspects.

Elements of a Commercial Appraisal Service

George K. H. Lau & Associates, Inc. appraisers begin by researching public records on prior owners, obtain zoning records, and investigate demographic information. In addition, sales and rental comparisons and cost breakdowns are compiled into a detailed analysis that also includes standard information on the building’s unique characteristics; its proximity to local transportation and other significant points of interest. The general condition and safety of the structure, roof, and all interior and exterior features are also assembled into the final summary.

Why Contact a Commercial Real Estate Appraiser?

Professional appraisals are crucial when an objective assessment of the market value of a property is required for legal reasons and in the course of real estate transactions. Our licensed Honolulu appraisers provide the expertise necessary for making informed decisions in the areas of:

  • Commercial property financing appraisals
  • Appraisals for foreclosures
  • Tax assessment review and consultation
  • Estate planning, liquidations and settlements
  • Unbiased asset valuations
  • Commercial property financing appraisals
  • Appraisals for foreclosures
  • Tax assessment review and consultation
  • Estate planning, liquidations and settlements
  • Unbiased asset valuations

George K. H. Lau & Associates, Inc. offers extensive experience and knowledge within the industrial, commercial and investment buildings real estate sector in Honolulu and has established a substantial database that allows us to accurately identify trends, financial risks and future projections.

Additional reasons for consulting with a George K. H. Lau & Associates, Inc. appraiser

  • Feasibility studies
  • Expert witness testimony
  • Market rent and trend studies
  • Cost/Benefit or investment analysis, for example, what will be the financial return of remodeling an investment or commercial property
  • Land utilization studies
  • Supply and demand studies

Call us to schedule a free consultation.

Request Your Real-Deal Real Estate Appraisal

Property appraisals are determined based on the information uncovered by the appraiser you hire. When you request our services, we track down all the information needed to draw the most accurate and informed conclusions possible. Our reports are richly detailed, readable, and we provide more than sufficient support for any conclusions drawn during the process.

If you find yourself in need of an appraisal in the wake of property damages, an appeal of tax assessment, or to determine the fairest price for buying or selling, we can most definitely help you.

Let us add clarity to your life. Call (808) 536-8651 today.

Contact us now to schedule a consultation!