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am a new investor. how can i determine the worth/price of an empty commercial building in 95118? many thanks

am a new investor. how can i determine the worth/price of an empty commercial building in 95118? I can probably be an owner/user; or rent similar for about $10K/month plus NNN. many thanks
In Buying Property - Asked by Rick K. - Oct 13, 2008
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Answer(s)

Joseph L.
Owner/Investor
Bellevue, WA

look at the cap rate and determine if this is what you want. Don't forget to include the cost of loan, and the lock in period.
A great reference is Monica Villespair(?) book. I suggest you read it. Regards.

Oct 13, 2008
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Bret M.
Broker/Agent
Plano, TX
Premium Member

Easiest way is to look at recent sales. There are 96 on LoopNet in 95118. Match your comparables to your subject property. Location, size, type, etc.

Oct 16, 2008
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