Value of this office building?

[Jon Klaus]

Waiting to learn more, but this is what I know:

--11K SF REO class B office building in a great location
--25 years old, estimate $60K in deferred maintenance
--Vacant
--Current comp rents--$12-$15/SF -- Was $15-20 1-2 years ago.
--Current comp asking prices $75-$125/SF --Was $110-$200/SF 1-2 years ago

It could probably be leased up at $9-$11/SF+E over 6-12 months.

How much is it worth?