Can anyone assistance me in valuing a commercial grain elevator?

I am attempting to derive an opinion of value for a commercial grain elevator as part of a right-of-way project. I am having no luck in determining an opinion of value for the grain storage silo's and bins. I am attempting to use the income approach, so that it can relate to the values of the other structures on the property. I am also trying to determine an value for the railroad siding (spur). I would greatly appreciate any information or thoughts you are willing to share with me
In General Area - Asked by Paul M. - Mar 30, 2010
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Dennis R.
newfane, NY

if you had the NOI on the property and the cap rate you could divide the NOI by the cap rate and get the value based on the income. for example if the NOI was 150,000 a year and the cap rate was at 8% the value would be 1,875,000

Apr 1, 2010
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