Under the agreement, you could open an escrow account (if allowed in IN) and provide for benchmark draws.I control several properties in northern Indiana, and they are all held in Land Trusts.

The 1% rule or 12% per annum benchmark is almost non existent here in the coastal cities if you are buying today. not to say they can't be found, but they are not easy to come across just because the area is in high demand from owner occupiers and investors as well.For myself, I invest in OC because I like the quality of the collateral.

How do commercial real estate companies (JLL and CBRE, etc) find and use their benchmark data to share to their clients while doing pitches or data sharing during projects?

How do commercial real estate companies (JLL and CBRE, etc) find and use their benchmark data to share to their clients while doing pitches or data sharing during projects?

That provides a nice benchmark.

You have a perfect benchmark located close to this property that gives you a solid base for many of the inputs to your analysis.

And yes, this is one of several benchmarks I use when evaluating a farm area. 

Most appraisals will list income approach and cost to build approach, but rely on comparables.If it were me, I'd take a look at the average $/sq/ft on sold property in the area and use that as my benchmark.  

Certainly applying any CAPM is going to give you bearings on a comparison basis to other suitable investments as a benchmark to pursuing the asset or pursuing the asset at the input or output values.

I can only provide one benchmark....$4500 for a complete interior and exterior painting on a 1400 sqft house.