With tenent the building should sell for over 2 million easy.
Usually these properties can be valued by multiplying the rental income of $8-24 ftsq in a year by 10-15 times. It’s called a CAP rate and it is oddly missing.
With tenent the building should sell for over 2 million easy.
Usually these properties can be valued by multiplying the rental income of $8-24 ftsq in a year by 10-15 times. It’s called a CAP rate and it is oddly missing.