Commercial land value estimator for US sites

A commercial land value estimator prices a site zoned or used for retail, office, industrial or multifamily. LandPricer compares it with recorded sales of similar commercial sites nearby, adjusts for size, frontage, access and flood, and lets you check the number against the residual land value of the project you plan.

Price a parcel
Drop a pin on the parcel or draw its boundary.

Map data from public and licensed sources. Roads by OpenStreetMap contributors.

  1. 1
    Locating parcelOK
  2. 2
    Reading parcel attributesOK
  3. 3
    Finding comparable sales
  4. 4
    Adjusting for size, access and flood
  5. 5
    Calculating max offer
Create your account to unlock

Every estimate shows its sources and a confidence range. 3 valuations without an account, no card.

Aerial map of a rural parcel with its boundary outlined and four numbered comparable sales around it Example parcel
Comparable land sales
Sale dateAcresPricePrice per acreDistance
12026-06-1210.0241,5004,1420.8 mi
22026-04-039.0036,0004,0001.4 mi
32026-02-2110.4044,9004,3172.1 mi
42025-11-087.8030,5003,9103.6 mi
Estimated market value
40,000 USD
Price per acre
4,149 USD

Example parcel. The figures show the layout of a result, not a recorded sale.

01

What makes commercial land value different

  • 01

    Zoning and allowed density set the ceiling more than acreage does.

  • 02

    Road frontage, traffic and corner position drive retail value.

  • 03

    Utilities at the site line, especially sewer and three phase power, decide what can be built.

  • 04

    Price is often quoted per square foot of land, not per acre.

  • 05

    Few comparable sales exist in most markets, so the range is wider than for rural land.

02

What the estimator shows for a commercial site

  • 01

    Estimated market value with range and confidence

  • 02

    Price per acre and per square foot of land

  • 03

    Comparable commercial land sales with date, size, distance and source

  • 04

    Zoning where the county publishes it, flood zone, wetlands and slope

  • 05

    Road frontage signal and distance to the nearest major road

  • 06

    A link to the residual land value calculator with the site prefilled

03

Market comps and residual value side by side

Method Question it answers
Comparable sales What did similar sites sell for?
Residual land value What can my project afford to pay for this site?

When the residual value is well above market value, the site is a candidate. When it is below, the project needs more density, a lower cost or a better price.

Residual land value calculator

04

Commercial land value questions

How is commercial land valued?

Mostly by comparable sales of similar sites, adjusted for size, zoning, frontage and access, and by the residual method, which values the land by what a project on it supports.

Why is commercial land priced per square foot?

Commercial sites are smaller and their value depends on usable area and frontage, so buyers and brokers compare them per square foot. LandPricer shows both units.

Does this replace a commercial appraisal?

No. Lenders financing a commercial purchase usually require an appraisal by a licensed appraiser. LandPricer helps you decide whether a site is worth pursuing before you order one.

Price a commercial site

Enter an APN, an address or drop a pin.

Price a parcel
Drop a pin on the parcel or draw its boundary.

Map data from public and licensed sources. Roads by OpenStreetMap contributors.

  1. 1
    Locating parcelOK
  2. 2
    Reading parcel attributesOK
  3. 3
    Finding comparable sales
  4. 4
    Adjusting for size, access and flood
  5. 5
    Calculating max offer
Create your account to unlock

Every estimate shows its sources and a confidence range. 3 valuations without an account, no card.