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Commercial Real Estate

Appraisal | Brokerage | Asset Management

Mission Statement

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Nicro Realty is a full service commercial real estate company providing top quality appraisal, brokerage and asset management services to the Hamilton, Burlington, Oakville market and beyond. Our mission is to be an industry leading firm where all stakeholders and project members can be part of a successful movement towards betterment.

Full Service Commercial Real Estate

Services We Offer

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Asset Management

Alignment of investor’s goals with management team to provide stable and predictable financial performance of real estate assets.  Provision of complete life cycle expertise from development, maintenance and tenant retention to disposition in order to achieve optimum financial performance.

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Acquisition and disposition expertise as well as Landlord and Tenant Representation. We pride ourselves in putting the needs of our clients and customers first by implementing better business performance.

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Appraisal & Consulting

Combining industry leading data a research platforms with construction and management expertise, to go beyond standard appraisal assignments.

Frequently Asked Questions

1. What is commercial real estate?
Commercial real estate refers to property used exclusively for business purposes or to provide a workspace rather than living space. This includes office buildings, retail spaces, industrial properties, multifamily units of five or more units, mixed use buildings, bed and breakfasts, hotels/motels, gas stations, car washes, sports facilities, public storage facilities and development land.
2. What services does Nicro Realty offer as a commercial brokerage firm?
Nicro Realty offers a range of services including property sales, leasing, tenant/landlord representation, investment analysis, and market research to help clients achieve their commercial real estate goals.
3. What are the key factors to consider when investing in commercial real estate?
Key factors include location, property condition, market trends, potential for rental income, long-term growth prospects, and redevelopment potential. Nicro Realty can provide valuable insights to help you make informed investment decisions.
4. What is commercial appraisal and why is it important?
Commercial appraisal is the process of determining the value of a commercial property. It’s important for buyers, sellers, lenders, and investors to ensure fair transactions and informed decision-making.
5. How does Nicro Realty determine the value of commercial properties?
Our team of experienced appraisers uses a combination of market analysis, property inspection, and financial evaluation to determine the fair market value of commercial properties.
6. How do you calculate appraisal cost?
Appraisal costs are determined based on factors like item complexity, appraisal method, and appraiser qualifications. We will provide fair estimates from our team of qualified appraisers for accurate pricing.
7. What is the difference between CRA and AACI?

The Appraisal Institute of Canada grants two professional designations – the Accredited Appraiser Canadian Institute (AACI) and the Canadian Residential Appraiser (CRA). 

The CRA designation qualifies professionals to complete any valuation and consultation assignment on dwellings containing no more than four self-contained family-housing units or on individual undeveloped residential dwelling sites.

Those with the AACI designation are qualified to undertake any valuation and consulting assignment that is residential, commercial, industrial, agricultural, land and special use properties.

8. What types of commercial real estate does your company specialize in?

We specialize in various types of commercial properties including office buildings, retail centers, industrial, mixed use buildings, and multi-family residential complexes.

9. How long does a commercial appraisal typically take?

The duration of a commercial appraisal depends on the size and complexity of the property. Generally, it can take anywhere from several days to several weeks for a comprehensive appraisal report.

10. Does Nicro Realty operate only in specific regions?

Nicro Realty primarily operates in Burlington, Hamilton, Oakville, GTHA, but we also handle transactions across the province of Ontario, leveraging our extensive network and partnerships.

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