Newsflash: How do you run comps on a unique commercial listing?

A friend of a friend has asked me to help them buy a church. While I have plenty of experience on the residential side as well as apartment buildings, I have zero experience in commercial RE, especially property that isn’t expected to bring in revenue or cash flow. While we have found a few properties that meet their needs, I have no idea how to run comps and figure out what to offer.Can anyone help me figure out how to determine what a fair price is for a church or similar commercial property?

Read more at https://www.reddit.com/r/RealEstate/comments/6jx3y8/how_do_you_run_comps_on_a_unique_commercial/?utm_source=ifttt

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