Commercial Property Sales Package - Rhode Island 2025

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To find good off-market deals, you need to get noticed by real estate brokers who handle commercial properties. You do this by making them aware of you and proving you are a serious buyer.
How to find out how much a house sold for Check tax assessments. Search property records. Surf real estate websites. Ask your agent.
MLS is typically used for the sale of residential properties, and while it can be used for the sale of commercial properties, many choose not to. In fact, commercial real estate has its own versions of MLS.
Traditional ways to acquire a distressed property are: At a foreclosure auction held by the lender, or a bankruptcy auction held by a court. The lender will usually offer a credit bid (or the amount of the outstanding debt) and oftentimes will be the highest bidder at auction.
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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LoopNet is one of the most recognized CRE search engines. For those more involved in multi family or residential real estate, LoopNet is often considered the Zillow of commercial real estate.
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.

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