6,000 sf building, potential rent $5,000 per month ? $60,000 annual gross. Beautiful layout, perfect for church, leadership conference, training and development center. Freshly painted, fully furnished, updated plumbing & electrical, new carpet, TV monitors, security, audio visual etc - these features add value and reduce risk for a buyer. The rent potential with assumed operating expense ratio ~40% (leaving 60% net) ? NOI - $36,000/year. Using cap-rates in the range: At 9% cap rate ? Value - $36,000 / 0.09 = $400,000. Turn key, ready to move in and start Church, Classes, whatever is desired.