Commercial Property Values Impacted by Higher Interest Rates

Over the last few years, the Atlanta commercial real estate market has seen a rapid rise in valuations. The assessors have been tasked with "getting the values up". Even though the commercial market has been relatively flat in most sectors, assessments continue to rise. The hospitality industry did see sales prices increase from $137,000 a unit to $157,000 a unit. That is a 14.6% increase. The assessors will take notice of these sales. The retail market has increased slightly from $213 a square foot to $220 a square foot. Industrial properties are finally slowing down with vacancies increasing from 6.48% to 8.07% but we still saw a 6.7% increase in sale prices. Rest assured the assessors will use these sales to justify increasing assessments in 2025.

The office market in 2025 is cooling rapidly with sale prices dropping to $181 a square foot from $198 a square foot in 2024. Multi-Family properties have remained constant over the past year with cap rates remaining virtually unchanged. With the market fairly flat, it is time the assessors give back some of the inflated assessments seen over the last few years.

If you have been directly impacted by the current downturn, we can help you reduce your value.

Real Savings for Real Business Owners

Charles had his assessed value reduced $7,447,016 on his building located in Dekalb and Gwinnett Counties. His savings total $372,693 over three years. Additionally, he received a refund of $111,965 for taxes illegally and erroneously assessed.

Chad had his assessed value reduced $14,910,000 on an apartment complex located in South Fulton. His savings total $676,192 over three years.

Shanaya had her assessed value reduced $2,680,900 on her motel located in Gwinnett County. Her savings total $96,995 over three years.


William had the assessed value on his senior living facility reduced by $9,879,010. His savings total $359,793 over three years.

Don't pay more than your competitors.

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