Comps and value · Property analysis
Can AI pull CRE comps and explain a valuation?
One canonical question. Supporting wording stays below.
Direct answer
Yes. ZOVA assembles available commercial real estate sales, selects and profiles the relevant comps, and explains how the evidence supports a value range. Each material figure retains its source, each sale carries a reason for inclusion, and the result shows the differences and confidence limits a broker needs to defend the number in a client conversation.
The comp set is only as strong as the reason each sale stayed in it.
A defensible set is more than nearby sales
Distance is one filter. Use, buyer pool, submarket, date, size, condition, income profile, and transaction terms can matter more. ZOVA profiles the similarities and differences so a broker can explain the selection instead of presenting a list as a conclusion.
Use a range, not an oracle
Sparse sales, unusual financing, portfolio allocations, and changing capital markets can make a precise number look stronger than the evidence. The right output is often a supported range with the facts that would move it, not a single unexplained estimate.
Supporting questions
Nearby wording, same intent.
- Where do ZOVA's comparable sales come from?
- ZOVA uses available public-record and government sale data, including county assessor and Department of Revenue records where covered. Every material figure keeps its source attribution.
- Does ZOVA choose comps by distance alone?
- No. Distance is a starting constraint. Property use, buyer pool, market, date, physical traits, income facts, and transaction quality determine whether a sale is actually useful.
- What happens when there are too few recent CRE comps?
- ZOVA should show the limited count and the resulting confidence problem. The broker can then widen the search deliberately, use another method, or gather paid data rather than hiding the gap.
ZOVA output is research and analysis, not an appraisal or legal, tax, lending, engineering, environmental, or investment advice. Confirm material decisions with the appropriate professional and current source documents.
Evidence path