How do I find a value for 48000 sf of commercial property in a certain town wendell73@juno.com

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September 15 2009 - Del City
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Answers (2)

Profile picture for sunnyview
You can try a site like loopnet.com or call a local agent in your area that specializes in commercial real estate. Most are happy to help.
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February 25
Profile picture for JoshBarnettREIB
There are three ways to determine Value in Commercial:
1. Cost (what it cost to build new)
2. Sales (what are comparable properties selling for)
3. Income (Based off NOI, ROI and Cap Rate)

Any good Realtor can help you with determining each value, just call a local Realtor and give them the address to the building you are interested in. 

Hope this helps,

Josh
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February 25
 

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