How do you put a price tag on a vacant retail property

How do you put a price tag on a vacant retail property

CA · Member since 2016 · 1k+ posts · 1k+ votes

I see potential in this property IF I can find a tenant, which can be YEARS away....How do you put a price tag on it now?  Is it worth of risk? It is categorized as retail, I think it is really more of an office type of commercial.....

http://www.loopnet.com/Listing/20140012/851-Van-Ness-Ave-San-Francisco-CA/

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  • CA · Member since 2016 · 1k+ posts · 1k+ votes
    9y

    @ jay hinrichs

    any thoughts on about this one?

  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    9y

    @Diane G.  yes find a great commercial broker who works in the direct vicinity and get their feedback they are the experts with this.... any other feedback is just a WAG

  • CA · Member since 2016 · 1k+ posts · 1k+ votes
    9y
    Ok got it... thanks
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