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Updated almost 7 years ago,
Should I sell to a commercial developer?
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?