Hi Ravi,

Commercial valuations run out to around 30 pages taking into account various things like economic factors for the industry the current tenant is in, the type of security (specialised or a simple factory unit for example) and the location.

We have seen a valuation for a hotel/motel in a small country town which end up valued at just under $500,000 where the cheapest quote was $3,600
By contrast for a typical Metropolitan factory unit this would have been around $1,250

It does depend on the lender though some absorb some of the cost into the loan with a higher interest rate others simple ask you to pay the valuer directly.