No formula can be accurate across the board because even “cookie cutter” properties next store to each other differ as to view, location to the street, topography of the land, lot size, physical condition of the property, past remodeling, quality of the mechanical systems, sunlight, utility bills, past use, etc.  

Despite concerns over store closures, demand for retail space surged in the second quarter of 2024.

Please just click on the magnifying glass in the upper corner.

On the left hand side of the house, can you make a walkway over the back roof and have steps that come down the back and wrap the corner onto the 2nd floor egress? 

If you don’t need all the cash immediately, you could store the unused portion in a high-yield savings account or line of credit for future investments.HELOC Option: Another alternative is to consider a Home Equity Line of Credit (HELOC) on your paid-off rental.

On the other hand, if there is a large mall with major anchor department stores, good restaruants and Starbucks, you can be fairly ceertain that's a good neighborhood class. 

There were some great places like a nice 4/3 on a corner lot, overlooking some preserve land.

I used to stand in the corner because I hate small talk.

Got new renter, but the 2nd contractor cut some corners, took about $10k to finish it and the others. 

CEO Bruce Thorn noted Big Lots would close underperforming stores and focus on optimizing its store fleet.