Appraisals certainly can be done on commercial properties. They are generally more complex than residential work and are consequently more expensive. There is no standard pricing for commercial appraisals. It depends on a variety of factors including the property type, location, and size, as well as the scope of work, turnaround reporting format, and of course....market conditions in the local appraisal industry. In our market, we would probably charge around $2,500 to $3,000 based on the information your have provided.
Nov 10, 2008