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Updated almost 7 years ago on . Most recent reply

Melissa Gunther's profile image
Melissa Gunther's profile image
Melissa Gunther
  • Member since Apr 21, 2018
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9
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Melissa Gunther's profile image
Melissa Gunther's profile image
Melissa Gunther
  • Member since Apr 21, 2018
Connect
Melissa Gunther
1
Votes |
9
Posts
Buying & Selling Real Estate

Should I sell to a commercial developer?

Melissa Gunther
Posted
I own a corner lot property that is 0.4 acre in size on a busy intersection. The house is a up/down duplex(converted) which brings in about $700 a month in positive cash flow. I was approached by a commercial developer who wants to buy the land and tear down the house and turn it into a fast food drive thru restaurant. How do I price my property to sell to a commercial developer?
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