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Updated over 3 years ago,

User Stats

21
Posts
18
Votes
Kevin Parekh
  • Pensacola, FL
18
Votes |
21
Posts

Warehouse, how do you comp? Cap rate?

Kevin Parekh
  • Pensacola, FL
Posted

I have the opportunity to buy a 15,000 sq ft warehouse from a failing business. Right now it looks like the owner will QCD (I can get a Warranty Deed, if needed) and get it at a great price... I think.

I have a lot of residential properties and excellent at comping them. 

As for this property, the business hasn't made any money in years and I wont be able to get the NOI. I do not know where to get the cap rate. And of course, I really don't know the value. SOOOOO I dont know what the value is.

Can someone point me in the right direction?

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