calculating value and comps

[Gerald W mcgee]

Hi every one, i am about to get some commercial property under contract.  Does anyone know how to calculate the value of the property and how to get the comps? any sites i can go to for this? sites like zillow does not offer commercial properties. 

[Ned Carey]

Commercial properties are valued based on cash flow. The problem is getting good numbers to evaluate the property. Both real numbers for income and expenses and also comparables to come up with a suitable cap rate are tough to get.  Your best resource is going to be a good commercial broker familiar with both the area and type of property.