Hi all
Just wondering how to value a commercial property? Its a freestanding 200m2 shop/office/building on 600m2 of land. No tenant. Could I just compare it to local land value in the area and then add a guesstimated value of the building? Ring local commercial real estate agents? I always think RE agents will tell you any old crap. Realcommercial wasn't helpful in providing sold/ lease info in terms of costs.
Cheers, nat
Just wondering how to value a commercial property? Its a freestanding 200m2 shop/office/building on 600m2 of land. No tenant. Could I just compare it to local land value in the area and then add a guesstimated value of the building? Ring local commercial real estate agents? I always think RE agents will tell you any old crap. Realcommercial wasn't helpful in providing sold/ lease info in terms of costs.
Cheers, nat