{"ok":true,"canonical_url":"https://dealroom.so/glossary/commercial-real-estate-appraisal","api_url":"https://dealroom.so/api/public/glossary/commercial-real-estate-appraisal","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"commercial-real-estate-appraisal","term":"Commercial real estate appraisal","group":"Reading the business","definition":"This is a professional valuation of a commercial property, determining its fair market value based on various factors. It's critical if the business owns its real estate.","what_it_means":"If the business you're buying includes commercial real estate, an SBA-required appraisal will establish its value. This value is key for collateralizing your loan and ensuring the purchase price is justified. The appraisal must be USPAP compliant and ordered by the lender.","url":"https://dealroom.so/glossary/commercial-real-estate-appraisal","official_sources":[{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"},{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"}],"related":[{"slug":"appraisal","term":"Appraisal","url":"https://dealroom.so/glossary/appraisal"},{"slug":"uspap","term":"USPAP","url":"https://dealroom.so/glossary/uspap"},{"slug":"fair-market-value","term":"Fair market value","url":"https://dealroom.so/glossary/fair-market-value"},{"slug":"collateral","term":"Collateral","url":"https://dealroom.so/glossary/collateral"}],"related_questions":[{"question":"What type of property appraisal is required if my $1.2 million SBA loan includes commercial real estate?","url":"https://dealroom.so/sba-7a/questions/what-type-of-property-appraisal-is-required-if-my-1-2-million-sba-loan-includes-commercial"},{"question":"When is an independent appraisal required for non-real estate business assets being acquired?","url":"https://dealroom.so/sba-7a/questions/when-is-an-independent-appraisal-required-for-non-real-estate-business-assets-being-acquir"},{"question":"What specific documentation is required to verify equity from a borrower's personal real estate appraisal?","url":"https://dealroom.so/for-lenders/questions/what-specific-documentation-is-required-to-verify-equity-from-a-borrower-s-personal-real-e"},{"question":"What specific environmental review is required for commercial real estate included in an SBA loan?","url":"https://dealroom.so/sba-7a/questions/what-specific-environmental-review-is-required-for-commercial-real-estate-included-in-an-s"},{"question":"Can an SBA 7(a) loan be used to purchase commercial real estate for my business?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-be-used-to-purchase-commercial-real-estate-for-my-business"},{"question":"Can I use an SBA 7(a) loan to buy commercial real estate for my business?","url":"https://dealroom.so/sba-loans/basics/can-i-use-an-sba-7-a-loan-to-buy-commercial-real-estate-for-my-business"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Commercial real estate appraisal","url":"https://dealroom.so/glossary/commercial-real-estate-appraisal","source_type":"DealRoom Data"}}