Industrial Property Valuation Services

Seagars provides specialized industrial property valuations throughout Auckland and New Zealand. Our experienced team of registered valuers understands the unique characteristics of industrial properties, from small warehouses to large manufacturing complexes and logistics facilities.

Our Industrial Property Expertise

Warehouses and Distribution Centers

Expert valuations for:

• Modern logistics facilities
• Cold storage warehouses
• Self-storage facilities
• Traditional warehouses
• Distribution centers and hubs

Manufacturing Facilities

Comprehensive assessments of:

• Light industrial manufacturing
• Heavy industrial plants
• Food processing facilities
• Production facilities with specialized equipment

Business Parks

Valuations for:

• Multi-tenant business parks
• Integrated industrial estates
• Strata-titled industrial units

Specialized Industrial Properties

Expert knowledge in:

• Transport and logistics depots
• Concrete batching plants
• Recycling facilities
• Trade and contractor yards

Why Choose Seagars for Industrial Valuations?

Technical Expertise

Our industrial property valuers possess specialized knowledge in:

• Building construction and specifications
• Zoning and resource consent implications
• Environmental considerations
• Operational functionality
• Market rental rates and yields

Market Intelligence

Deep understanding of industrial property markets including:

• Supply and demand dynamics
• Rental rate movements across different areas
• Capitalization rate trends
• Land values in industrial zones
• Future development potential

Comprehensive Analysis

We assess all value-affecting factors:

• Site characteristics and access
• Building specifications and condition
• Operational efficiency
• Environmental compliance
• Development potential

Industrial Valuation Methodology

Income Approach

Analysis of investment value through:

• Net rental income assessment
• Market capitalization rates
• Lease terms and tenant covenants
• Comparable rental evidence
• Operating expenses

Comparable Sales Approach

Detailed comparison with recent industrial property sales, adjusted for:

• Location and accessibility
• Site size and configuration
• Building size and specifications
• Age and condition
• Improvements and fit-out

Cost Approach

Particularly relevant for specialized industrial properties:

• Land valuation
• Building replacement cost
• Specialized equipment and improvements
• Depreciation assessment
• Functional and economic obsolescence

Factors Affecting Industrial Property Values

Location and Access

• Proximity to motorways and transport networks
• Distance from ports and airports
• Access to labor markets
• Surrounding land uses
• Future infrastructure development

Site Characteristics

• Land area and dimensions
• Site contour and topography
• Yard space and maneuvering areas
• Multiple access points
• Parking and loading facilities

Building Specifications

• Warehouse height and clear span
• Floor loading capacity
• Power supply and three-phase capacity
• Loading dock quantity and configuration
• Office and amenities provision
• Fire protection systems
• Building materials and construction

Zoning and Compliance

• Current zoning designation
• Permitted activities
• Environmental compliance status
• Resource consents
• Building code compliance
• Health and safety considerations

Tenant and Lease Factors

• Tenant quality and business stability
• Lease terms and conditions
• Rental levels versus market
• Outgoings and expense recovery
• Renewal options

Common Uses for Industrial Valuations

Purchase and Sale Transactions

Independent valuations supporting informed decision-making in industrial property transactions.

Banking and Finance

Valuations for:

• Mortgage lending
• Refinancing applications
• Asset-backed lending
• Portfolio reviews

Financial Reporting

Compliance valuations for:

• Annual financial statements
• IFRS requirements
• Company audits
• Portfolio reporting

Owner-Occupied Properties

Valuations for businesses owning their premises, supporting:

• Financial planning
• Business sales
• Succession planning
• Taxation purposes

Development and Feasibility

Assessment of:

• Development sites
• Subdivision potential
• Highest and best use analysis
• Pre-development valuations

Insurance

Accurate replacement cost valuations ensuring adequate coverage for:

• Buildings
• Improvements
• Specialized equipment and fit-out

Leasing and Rent Reviews

Market rent assessments supporting:

• Lease negotiations
• Market rent reviews
• Lease renewals

Auckland Industrial Market Knowledge

Comprehensive expertise across Auckland’s key industrial areas:

South Auckland

• Manukau
• East Tamaki
• Wiri
• Drury (emerging growth area)

West Auckland

• Henderson
• Lincoln Road
• Rosebank

Central/East Auckland

• Penrose
• Mt Wellington
• Onehunga

North Shore

• Albany
• Wairau Valley
• Rosedale

Outer Areas

• Silverdale
• Papakura
• Pukekohe

Industrial Property Trends and Market Insights

Our valuers maintain current knowledge of:

• E-commerce driven demand for logistics facilities
• Modern facility specifications
• Land scarcity and urban intensification
• Rental growth patterns
• Capitalization rate movements
• Development costs
• Council planning changes

Environmental Considerations

Industrial property valuations must consider:

• Previous land uses and contamination risk
• Resource Management Act compliance
• Environmental impact assessments
• Hazardous substances storage
• Waste management requirements
• Sustainability and green building features

Specialized Industrial Valuations

Cold Storage Facilities

Understanding specialized requirements including:

• Refrigeration systems
• Insulation specifications
• Temperature zones
• Loading dock systems
• Power demands

Manufacturing Plants

Assessment of:

• Production line layout
• Specialized equipment
• Power and services infrastructure
• Environmental compliance
• Operational efficiency

Logistics and Distribution Centers

Evaluation of:

• Location relative to transport networks
• Site access and maneuvering
• Cross-docking capabilities
• Automation systems
• Warehouse management systems integration

Professional Standards

All Seagars industrial valuations comply with:

• Property Institute of New Zealand standards
• International Valuation Standards
• Banking sector requirements
• Professional best practices
• Full professional indemnity insurance

Our Process

1. Initial Consultation

Discussion of your industrial property and valuation requirements, including specific purpose and timeline.

2. Information Collection

Gathering relevant documentation:

• Title and legal information
• Building plans and specifications
• Lease agreements (if applicable)
• Resource consents
• Building compliance certificates
• Environmental reports
• Recent income/expense data

3. Site Inspection

Comprehensive on-site assessment including:

• External inspection of buildings and site
• Internal inspection of warehouse and office areas
• Assessment of services and infrastructure
• Photographic record
• Measurement verification
• Tenant operations review (if applicable)

4. Market Research

Extensive analysis of:

• Recent industrial property sales
• Current market listings
• Rental evidence
• Market trends and conditions
• Economic factors

5. Valuation Analysis

Application of appropriate methods considering:

• Property type and characteristics
• Market evidence
• Income potential
• Development opportunities
• Highest and best use

6. Report Delivery

Comprehensive written report including:

• Executive summary
• Property description
• Market analysis
• Valuation methodology
• Supporting evidence
• Assumptions and limiting conditions

Typical Turnaround Times

• Standard industrial valuations: 5-7 working days
• Complex or specialized properties: 7-14 working days
• Urgent valuations: Available upon request
• Portfolio valuations: Timeline dependent on scope

Contact Seagars for Industrial Valuations

For expert industrial property valuations, contact our experienced team today.

Phone: 09 377 3033 Email: admin@seagars.co.nz

Whether you need a valuation for a single warehouse or an entire industrial portfolio, Seagars provides the specialized expertise and market knowledge you require.

The Seagars Advantage

With over 40 years in the industry, Seagars has valued thousands of industrial properties across New Zealand. Our independence, technical expertise, and comprehensive market knowledge ensure you receive accurate, professional valuations you can rely on for critical business decisions.

When industrial property valuation expertise matters, choose Seagars.