Property types
Mixed-Use appraisals in Connecticut
Appraisals of main-street and downtown buildings with storefronts or offices below and apartments above, one of Connecticut's most common commercial property types.
What drives mixed-use value
Two income streams
Residential and commercial space are analyzed separately, with their own rents, vacancy and risk.
Storefront demand
Ground-floor retail rents and vacancy vary block by block, so we use local evidence.
Building condition
Older mixed-use buildings often carry code, egress and system issues that affect value.
Sale comparables
Mixed-use buildings sell less often than single-use property, so comparable selection takes care.
Where we do this work
The towns where we have appraised the most mixed-use property:
Share of our work in each county that is mixed-use property
What to send us
- Rent roll for every commercial and residential unit
- Commercial leases
- Two to three years of operating statements
- Real estate tax bill
Mixed-Use appraisals: common questions
How do you value a building with a store and apartments?
We estimate market rent for each component, build a combined income and expense analysis, and test the result against sales of similar buildings.
What if the storefront is vacant?
We estimate market rent and the time and cost to lease it, and reflect that in the value.
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.