Property types
Office Condominium appraisals in Connecticut
Appraisals of professional and medical office condominium units, owner-occupied or leased, for SBA and bank loans, estates and partnership buyouts.
What drives office condominium value
Comparable unit sales
Sales of similar condo units are usually the best evidence of value, and we track them closely.
Association and common charges
Monthly charges, reserves, rules and any special assessments.
Unit finish and use
Medical, dental and professional buildouts appeal to different buyers.
Market rent
What the unit would rent for, which supports the income approach and any lease to the owner's business.
Where we do this work
The towns where we have appraised the most office condominium property:
Share of our work in each county that is office condominium property
What to send us
- Condo declaration and bylaws
- Common charges and any special assessments
- Floor plan or unit size
- Lease, if leased
Office Condominium appraisals: common questions
Do you appraise office condos for SBA loans?
Yes. Professionals buying their own office condo often use SBA financing.
Do you appraise a whole office condo complex?
Yes, as individual units or as a whole.
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.