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Calculate commercial real estate value

Valuation of commercial property by income approach and cap rate

Real estate.Verifiable formulaYou can save and share results.

Commercial real estate appraisal.

Income Approach calculates from NOI and Cap Rate for commercial buildings, rental rooms, offices.

Commercial Real Estate Value Calculator

The Commercial Real Estate Value Calculator estimates a general arithmetic estimate for your scenario from the quantities, rates, period, units and other assumptions requested on the page. Replace the example values with your own commercial real estate value figures and recalculate after changing an assumption. Use it to compare scenarios, then verify any current rate or fee before acting.

Value commercial property from revenue generated using the internationally standard Income Approach.

Trust information

Use reference information from Thai official agencies. and display results to help plan before making decisions

Last updated: 21 May 2026

source

  • Thai Real Estate Price Survey Institute (TAREA): Cap Rate for Commercial Property
  • Bank of Thailand: Real Estate Valuation by Income Approach

Assumptions and things to note

  • Cap Rates from 4-8% depending on the type and condition of the asset
  • NOI = Rental income - Operating expenses (excluding mortgage interest)
  • The rental income and operational costs are estimates.

Formula used for calculation

  • NOI = Rent income per year - Operating costs per year
  • The value of the property. = NOI ÷ Cap Rate
  • Cap Rate = Return on Investment Rate in Real Estate (normally 4-8% for commercial)

Frequently asked questions

What is the Income Approach?
Income Approach is a method of estimating the value of real estate from the income generated by using the formula: Value = Net Operating Income ÷ Cap Rate Calculated from the income generating capacity of the property.
What is Net Operating Income (NOI)?
NOI = Total rental income - operating expenses (excluding mortgage interest) is the net income as a property owner
What is the cap rate and how much?
Cap Rate = NOI ÷ Asset Value Most commercial real estate uses 4-8% depending on location and industry
What is the rate for transferring a house in the year 2026?
Transfer fee 2% of the appraised value (reduced to 1% for housing priced not more than 3 million until 31 Dec. 2025), mortgage fee 1% of the credit line (reduced to 0.01% for loans not exceeding 3 million)
What is the difference between specific business tax and stamp duty?
Specific business tax 3.3% (holding less than 5 years or not having a name in the house registration) | Stamp duty 0.5% (holding 5 or more and having a name in the house registration for 1 years) pay either one.
What is the difference between the Land Department's appraisal price and the market price?
The appraised price is the price set by the Land Department to calculate fees, updated every 4 year, often lower than the market price. 20-50% Taxes and fees are based on the appraised or purchase price. Whichever is higher
What are the costs of buying a second-hand home?
Transfer fees, special business tax or stamp duty, mortgage fees, charges for checking the liability, valuation fees, repair and insurance fees, all of which can amount to 5-10% of the purchase price.

English calculator guide

How to use the Commercial Real Estate Value Calculator

Use this page to test a specific commercial real estate value scenario. Enter your own values in the calculator above, review the units beside each field, and recalculate after changing an assumption. The result updates the commercial real estate value estimate instead of relying on a generic example.

  1. Build a baseline commercial real estate value case with figures that match your situation.
  2. Run a second commercial real estate value case after changing the rate, period, quantity or other key assumption.
  3. Record the difference between the two commercial real estate value results and the input responsible for it.

Inputs for the commercial real estate value estimate

For this commercial real estate value calculation, check the quantities, rates, period, units and other assumptions requested on the page. The result is designed to show a general arithmetic estimate for your scenario, not a guaranteed provider price or official decision.

How the commercial real estate value result is calculated

The calculator applies the displayed inputs to the stated arithmetic relationship. Reusing the same commercial real estate value inputs will produce the same estimate, which makes the page suitable for controlled scenario comparisons.

Checks for a commercial real estate value decision

Confirm any current rate, threshold or provider rule that could change the final amount. For commercial real estate value, Use the result as a planning estimate and confirm any rate, rule or threshold that may have changed before acting. Check the important inputs and any current provider or authority rules before using the result for a decision.

Language QA
Terminology, numeric values and calculator controls checked
Calculator scope
General arithmetic
Last English review
26 July 2026

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Creator
Kamnuanlek editorial team
reviewer
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