Scott No Mates replied to the topic Commercial property valuation: tenanted vs vacant in the forum Commercial Property 8 years, 5 months ago
@gshaheen @fxdaemon – direct comparison is not used for commercial property (primarily used in residential). I would used IRR & NPV as my primary valuation methodology and the summation method for my secondary review.
Being tenanted doesn’t guarantee a higher valuation but provides the valuer a basis for deeper questioning – they then need to…[Read more]