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Valuation for a Commercial Building
Hi all,
I am in discussions with a 17 office commercial property owner that is looking to sell. All 17 offices are rented and he's clearing 250k in profit on it per year.
Do I valuate this the same as a rental property? I've ran my numbers and I'm like 500k below what he's wanting for it so I'm not sure what I'm missing.
Any help or questions I can answer would be appreciated.
Thanks y'all.