Commercial Property: How to determine value?

[Sandra Ruiz]

How would one go about getting a commercial property valuated/appraised for little to no money?

[Ned Carey]

Originally posted by Sandra Ruiz:

Ned Carey-- Thanks for the info. Is their some type of due diligence checklist out there for beginners?

There might be something in the FIlePlace under the resources tab above.
To start:
Phase 1 Environmental
Copies of current leases
Estoppel letters ( letters form tenants claiming current terms)
Copies of all contracts for services (lawn care, trash hauling etc.)
Rent roll
Copies of tax returns
Property inspection
copies of any prior appraisals

Good luck - Ned