Business owner. New investor

[Alison Lager]

I could use a little help. I am considering a commercial property for sale by owner. I do not know how to determine its value.  He’s asking 590,000 and rents would be 1700+1200+2500.  Taxes 15000.  Great location bad parking. 

[Greg Dickerson]

Without knowing a whole lot more like expenses, type of building , condition, location, history of occupancy, etc. it looks like it’s priced high for a smaller 3 tenant property.