Purchasing Business with Real Estate

[Guido Bertoli]

Hey everyone,

I've been looking into real estate as well as purchasing a business. I have found a business that comes with the real estate. Has anyone had any familiarity with buying 2 in 1?

How can I separate the costs? I would assume that I should use 2 purchase and sale agreements? 1 for the land and 1 for the business, is that correct?

I tried using the county tax assessors website to value both the land and the structure, but the land price seems too cheap. I need to do a little more research but I wasn't sure if anyone has done this and has any tricks of the trade.

Any information would be handy.

Thanks!