Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Tim Goddard

Tim Goddard has started 1 posts and replied 1 times.

Post: Strip Mall/Building Value

Tim GoddardPosted
  • Posts 1
  • Votes 0

Would love you opinion on price of a small strip mall/building. 

It is off a busy road in a smaller town area (but still in the Dallas-Fort Worth Metroplex). 3 tenants (800 sqft, 2800 sqft, 1200 sqft). Total approx. 4800 sqft. Coffee shop(1200sqft -- Rent 1050/month on a month to month-- been here 3 years), laundromat(2800 sqft-- rent 2050/month with 6 year lease-- rent increases by 225 next year and in 4 years-- been here 5 years), and hair salon(800 sqft-- $850/month on a month to month-- been here 15 years). He knows rents are under market value.

Operating costs are only the taxes and insurance. Roof is 2 years old.

Like I said, I am very new to this and would love an opinion on what you think this property is worth. Thank you so much.