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Updated almost 12 years ago, 03/27/2013
Comping a commercial business property (Gas Station)
I am wondering - hoping really - that some folks on here might know how to evaluate (comp) a business. I want to purchase a gas station but I think it is over-priced, but I have no education on determining what this place is worth.
There are not "like" properties in the vicinity and I suspect the purchase price is predicated upon income. RS Means does not seem appropriate either.
Can any one direct me..