Profile picture for Brenda CPA

Commercial Real Estate Value

My client ( a nonprofit) was donated an old school at 157 Columbia Street, Chester, SC.  It is a 22,102 square foot building built in 1954.  For purposes of booking the donation only (not for resell) can you guesstimate the value that we should put the property on the books for?

Thank you for your help-
Brenda Hyatt-Neal
  • February 13 2012 - Chester
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (6)

If this book value is for the IRS then you had matter use market value.  t
Try the land value less demolition expenses.
 Curtis 



 
  • March 22
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for sunnyview
You can try a site like loopnet or ask local agent that specializes in commercial property to help you with a CMA/BPO.
  • March 31 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

what is the value of 1413 Center, Dos Palos, Ca  8250sq. ft. buildings on 3 lots  completely remodeled new roof, floor, air condintiong/heating,dropped ceiling?
  • March 30 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for user7670708
You can also use www.keyvon.com to get commercial real estate values.  Good luck!
  • February 10 2014
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for tirunehamlaku
What is the value of the commercial real state ,3219 mlk jr way south Sea WA 98144 ?.
  • January 23 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

After preliminary investigation, the property value is between $78 and $252 per square foot - depending on the condition, lot size, etc..  Which equates to $1,723,956 to $5,569,704.

For a more accurate valuation, you should contact a professional commercial real estate appraiser.

If your client (or any client) has interest in remodeling, rehabilitating, purchasing or refinancing any commercial property, please keep me in mind. I have access to millions of funds and a multitude of financing options, including asset lending/factoring (for increased cash flow) and equipment leasing.

I hope this helps. Please contact me directly with any commercial real estate or commercial financing concerns.

Michael Freels
Commercial Lending Corporation
[Contact information removed by Zillow moderator. Please see our Good Neighbor Policy.]
  • March 08 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.