A commercial property appraisal usually costs between $2,000 and $15,000, depending on the property size, type, and complexity.
Small offices or retail spaces are on the lower end, mid-size apartment buildings cost a bit more, and large commercial or industrial properties are the most expensive.
Extra factors like location, purpose of the appraisal, and how fast you need it can also affect the price.
Here’s a simple breakdown:
| Property Type | Typical Cost |
|---|---|
| Small office/retail | $2,000 – $5,000 |
| Mid-size multifamily (20–100 units) | $3,000 – $8,000 |
| Large commercial/industrial | $6,000 – $15,000 |
| Specialty appraisals | $10,000+ |
Most appraisals take 2–4 weeks to complete.
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