How to come up with an ARV and Offer for a Commercial Property

[Kyle Lopez]

Hello all, 

I recently came across a seller who wants to sell a 3 Floor (1 Commercial) (2 Residence) building in Jersey City. I tried to look up the closest comps for this property but do to the fact that the 1st Floor is Commercial, I had trouble coming up with an ARV because of all the different factors and costs that have to be weighed in. I would like to know what would be the best way to figure out an ARV and what are the factors that must be considered when making an offer. All feedback is welcome.

Thanks!