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Commercial real estate appraisal in Richmond, Virginia
RiverCity Valuations appraises commercial property across the Richmond metro from an office in the city. You work with a certified general appraiser who inspects the property in person and signs the report you receive.
A Richmond appraiser who knows Richmond submarkets
Value in Richmond depends on which side of which street the property sits. A retail strip on Midlothian Turnpike trades on different numbers than one on West Broad, and a Scott's Addition warehouse conversion follows different comps than a Sandston distribution box. We track sales, leases, and vacancy across the metro's submarkets so the comparables in your report reflect the market the property competes in.
We appraise office buildings, retail and shopping centers, industrial and warehouse space, multifamily communities, land, and special purpose assets across the region, from downtown and Manchester to the counties.
Where we work in the Richmond metro
- City of Richmond, including downtown, Scott's Addition, Manchester, and the Fan
- Henrico County, including Short Pump, Innsbrook, and the West End
- Chesterfield County, including Midlothian and the Hull Street corridor
- Hanover County, including Mechanicsville and Ashland
- Goochland, Powhatan, New Kent, and the surrounding counties
Reports built for their intended use
Lenders order most of our Richmond work: collateral valuations for acquisitions, refinancings, and construction draws that satisfy FIRREA and internal review. Attorneys engage us for estate settlement and litigation. Owners call us for tax appeals and partnership buyouts. You tell us the intended use up front, and we scope the report to answer that question.
Questions clients ask
How much does a commercial appraisal cost in Richmond?
Fees depend on the property type and the complexity of the assignment. A restricted appraisal of a simple property costs less than a full narrative report on a multi tenant asset. Send us the address and intended use, and we quote a fixed fee within one business day.
How long does a commercial appraisal take?
Most Richmond assignments run two to four weeks from engagement to delivery. We commit to a delivery date in the engagement letter and hold it.
Can I order the appraisal myself, or does my bank have to?
If the appraisal supports a loan, federal rules require your lender to engage the appraiser. For any other use, such as a tax appeal, an estate, or a purchase decision, you can engage us yourself.