Your business and your building, priced apart
What the building is worth on its own, with the math.
An owner who runs a business from their own building tends to see one asset. A lender, a buyer or a successor sees two: the business and the real estate under it. We price the building the way a landlord would, at the rent an outside tenant would pay, so each decision starts from the right number.
Where the two assets blur
No rent on paper
The business pays the building whatever it needs, so there is no lease to price from.
Fitted for one trade
Wash bays, heavy power or a commercial kitchen may be worth less to the next owner.
Grow, buy or move
Adding on, buying the lot next door or relocating all start with today’s value.
The April notice
The assessor’s value arrives each spring, and the 30-day window closes while you run the shop.
Where owner-occupiers usually start
Market rent benchmark
The rent your space would earn from an outside tenant, as a range. From $1,500 per property.
Valuation snapshot
A desktop value at that market rent in 5 business days, from $950 per property.
Property tax assessment review
The county’s value tested inside the 30-day window, from $1,200 per Wyoming property.
Hold, sell or refinance analysis
Keep, sell or borrow against the building, each path priced over five years. From $3,000.
From one asset to two
- Week 1
Separate the books
We list what the business spends on the building: any rent, taxes, insurance and repairs.
- Weeks 2 to 3
Price the space
Market rent from comparable spaces, then the building’s value as if leased to an outsider.
- Week 4
Decide with both
A memo and a call on expansion, refinance, sale or the tax notice, with risks listed.
Owner-occupier questions
Why price my building as if it were leased?
Because that is how most buyers and lenders will see it. A commercial building’s value usually rests on the rent it could earn from an outside tenant, not on how well your business does inside it. Pricing it at market rent keeps the real estate number apart from the value of the business.
Do you value my business as well?
No. We value the real estate only: the land, the building and the site improvements. Equipment, inventory, customer lists and goodwill belong to a business valuation, which is a different discipline. If a sale or a partner buyout needs both numbers, we work alongside your business valuer and your CPA.
Should my business pay rent to the building?
That is a question for your CPA and attorney, not for us. How a business pays an entity that owns its building has tax and legal effects we do not advise on. What we can give them is a market rent range for the space, documented with comparables, so whatever they set up rests on evidence.
My building was fitted for my trade. Does that lower its value?
It can. Wash bays, heavy power, a commercial kitchen or a clinic layout are worth most to a buyer in your trade and less to anyone else. We price the building for its likely next user and show, in a sensitivity table, what the specialized parts add or cost at sale.
Can you check my property tax notice too?
Yes, if the building is in Wyoming. The property tax assessment review tests the county’s value against the market in 7 business days, inside the 30-day window after the notice is mailed. It is from $1,200 per property, fixed fee. You file the appeal; we prepare the packet and the evidence. No result is promised.
Tell us what you own
A free 30-minute call, a few plain questions, and a fixed-fee quote in writing.