You can look at what similar buildings went for via the price per square, but it's true valuation stems from the NOI (Net operating income).If the gross rents are $3k monthly and the lease is a NNN, then your only expenses are accounting, legal, administartive, entity formation, and PM if you choose to use one.Assuming the total operating expenses come to 20%, your NOI= $28,800If the going cap rate in that area is 10%, then the value is $288,000If the going cap rate is 12%, then the value is $240,000.$3 per square NNN for industrial is pretty cheap, although I am not familiar with your area rates.

Available credit is definately dried up these days, so we must get even more creative with our methods and strategies.

I'm embarrassed when asked about what I do...which is job searching at the moment.I worked in commericial RE as an acquisitions analyst and when acquisitions dried up they made cuts.

I like the spirit of the west, the people and the weather (sunny and dry).

The fact is that almost all loans taken out in the last few years were sold off to other banks and investment banks 30 minutes before the ink dried on the paper.

The second is the dry-in inspection, which is performed prior to dry wall being installed.

Sure, the window displays are switched from spooks to sleigh bells, passing right over sweet potatoes, squash, and stuffing; but I saw electric candles twinkling in house windows, low-voltage icicles on the eaves, and big inflatable Santa’s flopping around in leaf-strewn front yards, as if lamenting the lack of snow--all before the ink on the Thanksgiving shopping-list was even dry.

Commercial lending has just about dried up, so your buyer will have a tough time with financing, unless they are an all cash buyer of course.You could target self-directed IRA owners who could pay cash and sit on the land for appreciation, or develop it themselves.

I would use a random orbital, variable speed electric hand sander with wet/dry sandpaper on it (grounded plug) and just give that tile a whiz.

What happens when the well runs dry?