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    Regardless of the property type or local zoning, they'll determine the highest and best use of the project and assess the value using the actual or projected cash flow from the property's rent roll and financial statements, using both cap rates for capitalizing year one net operating income NOI and discounted cash flow DCF of multiple future income streams. If you're a commercial lender, investor, builder, contractor, architect, or agent, you'll want to use these appraisers to conduct a feasibility analysis of any income producing real estate project you may be considering.

    They can also help consult on construction costs and projected absorption rates. They generally produce a commercial narrative appraisal when engaged for any commercial assignment. Note: If you're an appraiser, click here to find out more about XSites and how they help your business. Terms of use. Jerome J.