Property types
Office appraisals in Connecticut
Appraisals of professional and corporate office buildings, owner-occupied or multi-tenant, from converted houses to downtown towers. See our medical office page for medical and dental buildings.
What drives office value
Tenancy and lease terms
Remaining lease terms, tenant credit and rollover risk matter more for office than almost any other property type.
Medical versus general office
Medical office has its own tenants, buildout and rents, and its own buyers.
Vacancy and the post-2020 market
Office demand has shifted, so we rely on current local leasing, not old rules of thumb.
Parking and access
Suburban office value depends heavily on parking ratios and visibility.
Where we do this work
The towns where we have appraised the most office property:
Share of our work in each county that is office property
What to send us
- Rent roll and leases
- Two to three years of operating statements
- Floor plans or building size
- List of recent tenant improvements
Office appraisals: common questions
Do you appraise medical office buildings?
Yes. Medical and dental office is a large share of our office work. See our medical office appraisal page for how we value it.
How has remote work affected office values?
It varies by market and building. We look at current local vacancy, rents and sales rather than assuming a national trend applies.
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.