How to value small mixed use property

[Alex Zipeto]

Hi y’all

I’m looking at buying a small mixed use property. It has 3 apartments and a storefront. Also the garage is being rented out.

I am going to put a light rehab into it and would I delay like to refinance all my money out of it.

I am just confused on how this property is valued? Is it just based on comps? Or cap rate? Or both(cap rate for the storefront and comps for the other apartments)?

I can’t really find any comps for it. Just one property that has currently been on market for around 50 days.

Thanks!