Choose "Apartment" if you want to find the value of any apartment building with more than two units. The Apartment track is for any building where most of the space is residential. Use this track for these:
Choose "Office" for any building where most of the space is used as offices. The "Office" track is a good choice for any of these:
Choose "Industrial" for any building where most of the space is put to manufacturing or warehouse use. An industrial building usually has large areas of unfinished space (with concrete slab floors, bare walls, and exposed ceiling structure). Industrial buildings are usually located on roads where the traffic isn't heavy enough to support retail use. The "Industrial" survey is a good choice for these:
Auto repair garages that are on low-traffic streets are best valued as industrial buildings. Auto repair garages that are on high-traffic streets and that can be converted to retail buildings are better valued in a Retail survey.
Retail buildings can have a wide variety of occupants, each with a distinctive build-out. But when a space is capable of becoming a salon, a restaurant, or a bank branch, it is general retail space. The "Retail" track handles this kind of building. Retail space is usually on the ground floor, accessible from the sidewalk or a walkway in front, on a street with good vehicular or pedestrian traffic. Buildings with these uses are a good choice for the Retail track:
Auto repair garages that are on main streets can be valued with the Retail survey. Auto repair garages on side streets are handled better with an Industrial survey.
A mixed use building is any building where two or more uses (apartment, office, industrial, or retail) take up a significant part of the space. The most common mixed use building is the building with apartments above retail on the first floor. But a mixed use building can be any combination of the four primary building types (apartment, etc.). Choose "Mixed Use" and you will take a separate survey for each of the building types that are in the mix.
Some property types do not fit any of these categories. They require specialized analysis and do not fit any of the Zaxia tracks. Among the property types for which Zaxia is not yet able to serve you are these:
If you want to discuss any of this or need help, call us at 1-857-880-7139. You can also reach out to us via email or contact form on our Contact page.