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OT: Commercial Real Estate

oldtigerjay

Gold Member
Jul 23, 2006
363
543
93
This board always amazes me with the breadth of collective knowledge. I have a commercial property that I use for my construction business including a cabinet shop and for general warehousing. I lease part of it. I have 6 clear span metal buildings totaling 75,000 square feet on six acres zoned S-1 in Simpsonville. I am old enough to start thinking about retiring and certainly have way more space than I need. How much is warehouse space worth these days? My buildings are in decent shape although none have sprinklers. Someone just offered me 2.5 million and I don't know if that is fair, good, great or bad. Any gurus?
 
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