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Industrial & Commercial Appraisal in Edmonton, Surrounding Areas, and Yukon


Whether you own, operate, or invest in individual or commercial/industrial properties, understanding their actual value is crucial. Shaske & Zeiner Appraisal Consultants Ltd. specializes in industrial and commercial property appraisals across Edmonton, surrounding communities, northern and central Alberta, Whitehorse, and the Yukon Territory.

Our comprehensive services include market value assessments, insurance valuations, lease surveys, and property tax evaluations. With decades of experience dating back to our establishment in 1993, our team provides timely and accurate information to support your business decisions.


For property appraisals, you need a reliable partner you can trust. Contact us to receive excellence in service and precision in valuation, helping you clearly understand your property's worth. Whether seeking insight for investment decisions or navigating property tax matters, Shaske & Zeiner Appraisal Consultants Ltd. is here to assist you with every step you take. 


What Are Property Appraisals?


A real estate appraisal is the process of developing an evaluation regarding the value of a real property. Real estate transactions require appraisals as every property is unique. An appraisal is an unbiased opinion of a property’s value. It can facilitate purchase and sale transactions. Additionally, it can help determine if the property’s price aligns with its condition and location.

Benefits of Real Estate Appraisals for Commercial and Industrial Properties

Real estate appraisals offer numerous advantages, particularly for commercial and industrial properties:

  • Accurate valuation: Professional appraisals provide precise property value assessments, aiding owners, investors, and lenders in making informed decisions.

  • Support for financing: Appraisals assist in securing funding by furnishing lenders with reliable information about property value.

  • Legal compliance: Ensures adherence to legal requirements, including property tax assessments, insurance coverage, and lease negotiations, minimizing the risk of disputes.

  • Optimized investment decisions: Enables investors to identify properties with favourable return potentials and avoid overpaying for assets.

  • Effective property management: Helps property owners and managers devise strategies such as determining optimal rental rates and identifying areas for improvement.

  • Risk mitigation: Uncovers potential risks and liabilities associated with properties, aiding in mitigating financial and legal risks.

  • Facilitating transactions: Streamlining property transactions by providing precise property value assessments and facilitating fair negotiations.

  • Asset allocation: Assists in allocating assets effectively within investment portfolios by providing insights into property values.

  • Enhanced asset protection: Ensures adequate insurance coverage, safeguarding assets against potential losses due to unforeseen events.

  • Market insights: Offers valuable insights into market trends, demand-supply dynamics, and competitive landscapes, empowering stakeholders to make strategic decisions.

Differentiating Commercial and Residential Appraisals

While commercial and residential properties require appraisal services, there are notable differences between the two. Understanding these distinctions is essential for property owners, investors, and real estate professionals. Here's how commercial and residential appraisals in Edmonton differ:

  • Property type: Commercial properties encompass many assets, including office buildings, retail centers, industrial facilities, hotels, and warehouses. In contrast, residential properties comprise single-family homes, condominiums, townhouses, and apartment complexes.

  • Income generation: Commercial properties generate income through rental payments or business operations, influencing their valuation based on lease terms, occupancy rates, and potential rental income. On the other hand, residential properties are primarily owner-occupied or rented to tenants for residential purposes, with a valuation based on comparable sales in the area.

  • Valuation methods: Commercial property appraisals often utilize income-based approaches such as the Income Capitalization Approach or Discounted Cash Flow Analysis to determine value based on potential income streams. Residential property appraisals typically rely on sales comparison methods, evaluating recent sales of similar properties nearby.

  • Property features: Commercial properties may have unique features tailored to specific industries or business needs, such as loading docks, office suites, manufacturing facilities, or retail storefronts. Residential properties focus on amenities like bedrooms, bathrooms, square footage, and lot size, catering to the needs of homeowners or tenants.

  • Market dynamics: Commercial real estate markets operate differently from residential markets, with factors like supply and demand, vacancy rates, and economic indicators impacting commercial property values. School districts, neighbourhood amenities, and housing affordability influence residential markets.

  • Regulatory requirements: Commercial properties must adhere to zoning laws, building codes, environmental regulations, and other legal provisions. This, in turn, affects their value and their usage. Residential properties must meet zoning rules and building standards for single-family or multi-family homes.

Understanding these differences is essential for accurate property appraisals and making informed decisions in commercial and residential real estate sectors.

Call us now to know more.

Property Appraisal Solutions

If you plan to buy or sell residential or commercial property, it is essential to undertake a real estate valuation by a professional. This process will help you define the value of your property correctly. Shaske & Zeiner Appraisal Consultants Ltd. conducts value assessments for various types of buildings, such as brick-and-mortar stores, apartments, or vacant land.

We offer industrial and commercial appraisals in Edmonton to help prospective sellers determine acceptable selling prices, support lease negotiations for tax assessments, estimate the liquidation value for forced sale or auction proceedings, and more. Get in touch with our team to know more about our services.

Types of Industrial or Commercial Properties We Evaluate

​Here are the types of industrial or commercial properties we evaluate:

​Small to medium industrial properties: Whether a compact workspace or a burgeoning industrial hub, we meticulously assess small to medium industrial properties, providing insightful valuations that reflect their true worth in the dynamic market.

Properties with the potential to be subdivided soon: Anticipating the future, we excel in appraising properties with subdivision potential.

​Condos and strata: From modern condominiums to strata-titled developments, our experts delve into the nuances of these properties, delivering precise appraisals that capture their unique characteristics and market value.

Offices: We understand the intricacies of office properties, providing you with accurate assessments that reflect the demands of the commercial office space market.

Warehouses and manufacturers: Whether it's a warehouse brimming with inventory or a manufacturing facility buzzing with production, our appraisers are adept at evaluating these industrial assets, offering you a comprehensive understanding of their market value.

Garages, car dealerships, and car washes: Navigate the automotive sector confidently with our appraisals for garages, car dealerships, and car washes. Our assessments consider the unique factors influencing the automotive market, ensuring you receive an appraisal aligned with industry standards.

Appraising new reproduction costs for insurance: Safeguard your investments with our expert appraisal services, including evaluating new reproduction costs for insurance purposes.

Shopping malls and commercial plazas: We analyze market trends and property-specific factors to deliver valuations that empower your strategic decisions.

Clinics: Our appraisers specialize in assessing healthcare properties from medical to wellness clinics. Gain clarity on the value of your clinic with our comprehensive appraisal services.

Retail stores: Whether a boutique or a flagship store, we provide tailored appraisals to suit your retail space. Gain insight into the market value of your retail property with our expertise.

Manufacturing facilities: Uncover the true worth of your manufacturing facility through our in-depth appraisals. Our assessments consider the intricacies of the manufacturing sector to provide accurate valuations.

Medical clinics: Specializing in healthcare properties, we offer detailed appraisals for medical clinics. Trust us to provide insights into the unique factors influencing the value of medical facilities.

Hotels and inns: For the hospitality industry, we provide comprehensive appraisals for hotels and inns. Our assessments consider market trends and property-specific features to determine the optimal value.

Factors Affecting Industrial and Commercial Property Value in Edmonton


Understanding the factors that influence the value of industrial and commercial properties is crucial for making informed decisions in the real estate market. Whether you are buying, selling, or investing, being aware of these critical factors will help you navigate the dynamic landscape of the industrial and commercial real estate sector.

Location: One of the most significant factors affecting the value of industrial and commercial properties is their location. In Edmonton, the specific neighbourhood, accessibility to transportation, and proximity to critical amenities can significantly impact the property's value.

Economic trends: Economic factors are imperative in determining the value of industrial and commercial properties. Our appraisal services include a comprehensive analysis of the current financial trends in Edmonton, such as employment rates, GDP growth, and industry trends.

Property size and features: The size and features of an industrial or commercial property are crucial considerations. Our appraisal consultants evaluate the square footage, layout, and amenities to assess how well the property meets the needs of potential buyers or tenants.

Market demand and supply: The balance between demand and supply in the industrial and commercial real estate market significantly affects property values. Shaske & Zeiner Appraisal Consultants Ltd. closely monitors market dynamics to understand the need for specific types of properties in Edmonton.

Zoning and regulations: Zoning regulations and compliance with local ordinances are critical factors in property valuation. Our appraisers carefully examine the zoning laws in Edmonton to ensure that the property adheres to the designated land-use regulations. Compliance with these regulations can positively impact the property's value and marketability.

Contact us today for expert commercial and industrial appraisal in Edmonton tailored to your needs.

Contact Us


Does your property qualify for an appraisal? We provide industrial and commercial property appraisals across Edmonton, Alberta, and even Whitehorse, Yukon, on most properties. Contact us today for more information.

Commercial Appraisal Solutions


Shaske & Zeiner Appraisal Consultants Ltd. offers commercial and industrial appraisal solutions.

Do You Want To Know More About Our Service Areas?

We offer industrial and commercial services for many locations. Please feel free to get in touch for more information.

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