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Updated about 15 years ago,
Anyone Wholesale Commercial Building's???
Without being naive and assuming everything would be the same as a SFH I thought I'd post this up and see what types of things I'm most likely not taking into consideration. Here is what I'm looking at:
There is a big commercial building with an out of state owner, the building is in decent shape, in a GREAT location, and vacant. I'm not sure why it's vacant because like I said it's in a great location.
Here are my questions:
How do you determine the value of a commercial building? Do you use a standard PSA or some other type of contract? What type of marketing have you found to work the best for commercial real estate?
The good news is I have a phone number for the owner so I won't have to send a letter and wait for a call. Before calling I figured I'd get some input from someone who actually knows about commercial real estate.
Any thoughts?
Jeff