How do you value an industrial property?

[Eric Grunfeld]

Good Morning:

I was on twitter the other day where real estate investors (primarily focused on industrial properties) were discussing in investing in contractor's garages.

Would appreciate one's thoughts as to how does one value these kinds of properties? What do lenders look for should they decided to finance a portion of this kind of property?

I look forward to your thoughts.

All the best,

Eric