What is your commercial
property worth?
An instant broker opinion of value from county cap rates, price per square foot and nearby comparable sales, with a branded PDF. Below it, how commercial property is actually valued in South Florida, and a written valuation from Anthony within one business day.
A value range in a minute, from the market, not a guess.
Enter the address and asset type, and NOI or rent if you know it. The range comes from cap rates on current listings in your county, price per square foot from recorded sales and listings nearby, and three to six comparable properties. It is an opinion, not an appraisal.
Value is a method applied to a market, not a number someone picks.
What the income is worth to a buyer today. Net operating income is gross rent less vacancy and operating expenses; the cap rate is what buyers are paying for that income in this county, for this asset, this year. This is the approach that carries the weight on any stabilized income property.
What similar buildings nearby actually closed for, adjusted for age, condition, location and lease terms. The check on the income approach: if the two disagree by more than 10%, an input is wrong.
What it would cost to build it again. Used for special-purpose buildings (a church, a car wash, a school) where there is no rental income to capitalize and few comparable sales.
A 40-unit apartment building in Palm Beach County
Illustrative figures, rounded, to show the mechanics. Gross scheduled rent of $1,128,000 a year ($2,350 a unit a month), a 5% vacancy allowance, and operating expenses at 38% of effective income.
- Gross scheduled rent
- $1,128,000
- Less vacancy (5%)
- ($56,400)
- Effective gross income
- $1,071,600
- Less operating expenses (38%)
- ($407,208)
- Net operating income
- $664,392
One point of cap rate moves this building by $2.02M. The valuation work is documenting the NOI and arguing the cap rate with closed comps, which is what the broker opinion of value shows you.
Cap rate, price per square foot and cash-on-cash, as you type.
Enter a purchase price and NOI to see the cap rate. Results update instantly as you type.
Quick estimate from your inputs. Not underwriting or investment advice; actual returns depend on the specific deal and financing.
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What is it worth where it sits?
The method changes by asset class and the numbers change by county. Each guide carries the underwriting buyers use and live asking-price data for that combination.
How is a commercial property valued?
Three ways, and a broker uses all three. The income approach divides net operating income by a market cap rate. Sales comparison prices the building per square foot or per unit against recent closed sales of similar properties nearby. The cost approach adds land value to the depreciated cost of the improvements and is used mostly for special-purpose buildings. For a stabilized income property the income approach carries the most weight.
What is a good cap rate in South Florida right now?
It depends on the asset and the credit behind the income. In 2026, stabilized multifamily in Palm Beach and Broward trades roughly in the mid 5s to low 6s, neighborhood retail in the 6s to low 7s, industrial in the 5s to 6s, and single-tenant net lease from the high 5s to the 7s depending on the tenant and lease term. Our market pages carry the live cap-rate band from current listings by county and asset class.
How much does a cap rate change the value?
A lot. On $664,392 of NOI, a 5.25% cap is $12.66M and a 6.25% cap is $10.63M. One point of cap rate moves this building by about $2.02M. That is why the broker's job is to document the NOI and argue the cap rate, not to pick a number.
What do you need from me for a valuation?
The address, the current rent roll or gross income, operating expenses (taxes, insurance, management, repairs, utilities you pay), the year built and any renovations, and the square footage. NOI alone gets you a range; the full picture gets you a number you can act on.
How is the instant opinion of value calculated?
Two ways, then blended. If you enter NOI or rent, the income approach divides NOI by the middle half of cap rates stated on current listings of your asset class in your county (falling back to South Florida, then to a labeled broker band when there are too few). If size is known, sales comparison multiplies it by the price per square foot of recorded sales nearby, or asking prices when sales are thin. With both, income carries 70% and sales 30%, and the report flags any gap over 15%.
Is the broker valuation free, and is it an appraisal?
It is free and it is not an appraisal. An appraisal is a licensed opinion of value for a lender or a court. A broker opinion of value tells you what the property would likely sell for today, with the comparable sales and the cap-rate reasoning shown. Most owners get the broker opinion first and order an appraisal only when a loan or a legal matter requires one.