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BEYOND VALUE
Beyond Value is taking its knowledge gained from years of valuation to
help investors, owner/users, and renters get the data they need quickly
and cost effectively. Starting
August 2009, look for packaged data available - sale comps, rent surveys,
cap rate studies – these can be used for a variety of reasons
including tax appeal, quick data reads and lease review. Consider these all great starting
points for your due diligence.
If you need custom work, call and ask for details. Due to demand, Beyond Value now offers commercial
staging and design consultation.
CASE STUDIES USED TO BUILD OUR FOUNDATION
Over the years, Beyond Value gained the expertise and flexibility to
answer a variety of real estate questions and fill a void for the small
commercial property owner. Here are some of the more intriguing projects
that shaped our ability to package data and added to our real estate
insight.
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location*
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project profile
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questions answered
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Marin County
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Prime waterfront
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A “reality value check” midway during construction of a
luxury project running behind schedule.
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San Francisco
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Historical mixed-use project with questionable leases
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Current rent roll data does not reflecting market – our pro
forma is market.
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Contra
Costa County
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Document storage facility, a feasibility study
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Market demand for paper/file storage is stronger than the typical
mini-storage facilities. Building is recommended. Before and after
values given.
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Alameda
County
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Condominium conversion
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Rent control does impact the building’s value but with demand
for entry level housing, conversion to condominiums is the maximally
productive use. Values provided to show various stages during planned
conversion.
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San Mateo
County
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Prime waterfront property
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Contacting the multitude of agencies to answer the likelihood that
convert from a commercial to residential would be permissible. Research
revealed the complexity of the situation, including a long-standing
public parking/ beach access easement.
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Contra
Costa County
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Interpretation of Use Classification – market rent analysis
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The market rent for a particular use was not significantly higher,
supporting our client’s (a law firm) claim to renewing a lease at
a market rent as a medical office.
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Alameda
County
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Encroachment Dispute
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Losing the use of a portion of the frontage does impact value given
its visibility. We provided the diminution loss.
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* addresses have not been released to protect the privacy of
our clients (and in some cases, their clients).
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