If you own a 1920's 800 sq foot house on Queen Ann it's not the house worth $900k.

I am not sure if this has something to do with the value of the leased space.Anyways does anyone have any comps I could look at to get a price per square foot? 

@Gregory Schwartz My husband and I purchased our first rental property in a state we have never stepped foot in and it has cash flowed amazingly and PM takes care of all problems.

In Portlandia were are see price concession and or free rent etc on some of the new build real high end 2500 dollar elevator buildings on the east side.. this is happening now.form what a friend of mine who owns a management company with 6k plus doors was telling me at lunch.a few buildings are stressed right now.take this scenario.. you buy the land 3 to 5 years ago it takes at LEAST 2 years to get through permitting then another year to build.. cost of building in this time has gone up 10% or more.. land is static .. and your proforma show this ever increasing rent.. you now come on market and your 4 story elevator building now cost you 400 a foot to build.so your in a new apartment 400k.. you need 2,500 a month just to hit your investor grade 4 to 5 cap.. and now rents start to pull back as they are or lease up is very slow at those values.. so you have full amount of debt on the building and of course everyone these days has max debt.. so debt service and DCR ratios start to go out of wac  you have annual reporting and loan covenants .. you no longer meet your covenants and you have a cash call to your lender  along with negative cash flow.. this is what I mean by some are stressed..

Just looking to get my foot in the door and gain as much valuable information.

If you had 26000 Square foot of open use, but there was a restriction on the Title for car use which states no unlicensed cars or junk cars, would that lot still be worth it's value?

Wondering if it is a standard T footing foundation with slab or raised floor?

Much better than a foot of snow in the winter in my opinion.

I know the building code regulations can get tricky and there is little data in determining the average cost per square foot for a building made out of hemp, for example.

The ARV’s for the properties ranged from 115K – 135K and around $50/sq. foot.