Property types
Lab and Biotech appraisals in Connecticut
Appraisals of laboratory, research and development, and biotech buildings, along with industrial buildings converted for lab use.
What drives lab and biotech value
Lab buildout
Specialized ventilation, plumbing, power and clean rooms are costly, and their value depends on whether the next user needs them.
Tenant and lease
Lab tenants range from startups to established companies, with very different credit and lease terms.
Conversion potential
Some lab space can be converted back to flex or office, which sets a floor on value.
Location
Proximity to research institutions and other life sciences companies.
Where we do this work
We appraise lab and biotech property throughout Connecticut, in every county we serve, and in nearby Massachusetts.
What to send us
- Rent roll and leases
- List of lab and mechanical improvements
- Floor plans
- Operating statements
Lab and Biotech appraisals: common questions
Do you appraise lab space in converted industrial buildings?
Yes.
How do you treat specialized lab improvements?
We look at what a typical buyer or tenant would pay for them, which can be well below their cost.
Who does the appraisal?
A partner of Baldi Valuation inspects every property and signs every report. The firm is led by Michael Baldi, MAI, AI-GRS.
Need a commercial appraisal?
Tell us about the property and what the appraisal is for. We will respond with a fee and a delivery date, usually within one business day.