Here are some additional tips for determining the value of your commercial property:

Consider the location of your property. Properties in prime locations will typically be worth more than properties in less desirable locations.
Consider the condition of your property. Properties that are in good condition and well-maintained will typically be worth more than properties that are in poor condition or need repairs.
Consider the potential income of your property. If your property is let out to tenants, the potential income from the property will be a major factor in determining its value.
Consider the demand for commercial property in your area. If there is a high demand for commercial property in your area, this will drive up prices.

If you are unsure about the value of your commercial property, it is always a good idea to get a valuation from a commercial property agent.

Whozoo Tips #7 - What are the key considerations when selling my commercial property?