There are several steps that go into evaluating your property and/or business. Although there does exists simplified “rules of thumb”, as a specialist, we go beyond the basics to establish a true understanding of your particular property or operation. In general, we will incorporate a combination of comparable sale data (which many times comes directly from in-house transactions due to the lack of public information), cash flow analysis, CAP rate analysis, surrounding area land/building sales data, surrounding area building lease data, and national statistical data.
We spend a great deal of time carefully reviewing the documentation and analyzing the financial information provided to us in order to come up with a fair and reasonable (by market standards) range in value for your anticipated transaction.