commercial real estate

Profile picture for rahulrm
How can I find out value and history of commercial real estate, (hotels , motels etc )
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January 15 - Hermiston
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Answers (3)

Profile picture for Thesa Chambers
Hermiston is a pretty small area and depending on the property you very well may be able to get that info from a local agent or the county. Many commercial properties in my area are not handled as a true commercial property would be in a more metropolitan area.
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January 15
Profile picture for SoCal Appraiser
You can start at Loopnet.com and see what you get there...

http://www.loopnet.com/
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January 15
Profile picture for Mack McCoy
Well, you can't, rahulrm. Commercial real estate is evaluated primarily on the balance sheet, be it actual or anticipated. What do you think is worth more - a hotel with a 25% occupancy rate that can't cover operating expenses, or one at 75%?

The sales histories are tricky, because often the sale includes not just the real estate, but the business as well.

All the best,
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January 15
 

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