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04 / WAREHOUSE & FLEX INDUSTRIAL

Warehouse/Flex Space appraisals

Utility determines the buyer pool.

Office in front and service space behind is not a generic warehouse. Utility, build-out and divisibility drive the relevant buyer pool.

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Illustrative Warehouse/Flex Space commercial property
What drives the assignment

A property-specific lens.

Comparable properties only help when the rights, income, physical utility and transaction conditions are understood. The selected approaches depend on the actual assignment.

01

Functional mix

Office-to-warehouse ratio, ceiling height, loading doors, power and HVAC can be decisive for rent and sale comparables.

02

Adaptability

Demising options, parking, yard area and zoning determine whether a new tenant can occupy the space without costly work.

03

Tenancy and income

Owner-occupied properties and leased flex assets call for different treatment of actual and market rent.

Helpful before we quote

What to send
with your inquiry

Floor plan with area breakdown, lease or occupancy details, building systems, loading specifications and recent expenses.

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Experience behind the desk

Jeb Fuller

Commercial Real Estate Advisor & Certified General Appraiser

Jeb Fuller brings decades of real estate valuation and advisory experience. The Appraisal Subcommittee National Registry lists active Certified General credentials in DC, GA, MD, NC, SC, TN and VA. His Real Estate Investing & Analysis certificate was earned through Wharton Online × Wall Street Prep (2025).

Licensing is not a guarantee of assignment coverage. Geography, competency, independence and availability are reviewed before an engagement is accepted.

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