How to Price a Vacant Drug Rehabilitation Facility?

[Robert M Erickson]

Hello, 

I was curious if anyone had experience with pricing a drug rehabilitation facility. The property is in Southern California and was leased to a tenant operating the facility but they had some financial issues and moved out. Another company could come in and start operating immediately because of the property set up and licenses in place. We are just trying to figure out market value to see if selling is a good option at this point. Would the value be based on cash flow, number of rooms, licenses in place etc?

Any help or thoughts would be greatly appreciated. Thanks!

Rob