Industrial property owners often only think about valuation when they're actively preparing to sell. In practice, there are several points along the way where a current valuation is worth having — even if a sale isn't imminent.
It's Been Several Years Since Your Last Valuation
Industrial submarkets can shift meaningfully over a few years — new development, changing tenant demand, and evolving lease rates all affect what a property is worth today versus when it was last appraised or valued. A periodic check-in keeps your understanding of the asset current.
A Sale, Refinance, or Other Transition Is on the Horizon
Getting ahead of a future sale — or a refinance that depends on current property value — gives you time to plan. That might mean timing the market, addressing deferred maintenance, or simply setting realistic expectations before you're under pressure to move quickly. A current valuation is the starting point for any of these decisions.
A 1031 Exchange Is on the Horizon
If you're contemplating a future exchange, understanding your property's current value helps you plan replacement property search criteria and timing well before your relinquished property sale triggers exchange deadlines.
The Property Has Changed
Renovations, expansions, new tenants, lease renewals, or a change in occupancy all affect value. If your property looks different today than it did at your last valuation, the number likely has too.
You're Reviewing Your Broader Portfolio
Owners with multiple properties often use periodic valuations to compare performance across their holdings and decide where to hold, sell, or reinvest.
Estate or Succession Planning
Property being passed to family members, partners, or a trust benefits from a documented current value, both for planning purposes and for the parties involved to have a shared, accurate reference point.
FAQ
Do I need to be selling to request a valuation?
No. A valuation is useful for planning purposes even if you have no immediate plans to sell or lease.
How often should an industrial property be revalued?
There's no fixed schedule, but every few years — or after a significant change to the property or submarket — is a reasonable checkpoint.
Is there a cost to get a valuation?
Lee & Associates Los Angeles – Long Beach provides complimentary valuations for industrial and warehouse properties, with no obligation.
We specialize in industrial real estate from the greater Los Angeles to the Inland Empire markets, including: Long Beach, Carson, Torrance, Gardena, Compton, Rancho Dominguez, Wilmington, Paramount, Santa Fe Springs, Huntington Beach, Garden Grove, Irwindale, Signal Hill, Pomona, City of Industry, and Ontario, serving surrounding submarkets including LA South Bay, LA Central, Mid-Counties, San Gabriel Valley, Orange County and the Inland Empire.
Ron Mgrublian
Principal, Lee & Associates Los Angeles – Long Beach
562-354-2537
CalDRE# 01902882
