Commercial Property Sales Package - Tennessee 2025

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$74,000 is the 25th percentile. Salaries below this are outliers. $108,900 is the 75th percentile.
On average, you can expect closing costs to be about 3% to 5% of the total property value for commercial real estate. The exact amount will depend on factors like the state where the property is located, any concessions made by the seller, repairs needed, and the specific fees weve discussed.
How to Value Commercial Real Estate: 4 Methods Property Value = Replacement Cost Depreciation + Land Value. Property Value = Net Operating Income / Capitalization Rate. Gross Rent Multiplier = Sales Price / Annual Gross Rents.
Property history public records can be found online through locally-based property assessor and appraisal sites, as well as on other more broad, government entity-run websites for cities or entire states.
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