RG Realty Inc. · Commercial & Multifamily

What’s my building worth?

Start with your property’s income. Explore an income-based value, then ask Roberto Gonzalez for a free Broker Opinion of Value.

Starting cap rate: 7.5%, supplied by RG Realty. This is a starting assumption across the listed markets, not a market-specific sales benchmark.

01 / Your property

Tell us about the building

02 / Operating expenses

40% is an example starting assumption. Replace it with a ratio appropriate to your property.

Exclude mortgage payments, depreciation and income taxes. Include applicable operating costs; evaluate major capital work separately.

03 / Your valuation assumptions

Leave both at 7.5% for one estimate. Enter different assumptions to explore a range. Lower cap rates produce higher values. Market and property selections do not automatically change these rates.

Your income-based estimate

Enter your numbers
Gross scheduled income
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Less rental vacancy
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Effective gross income
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Operating expenses
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Net operating income
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Cap rate assumptions
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Value per unit (midpoint)
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Gross rent multiplier (midpoint)
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Value = annual NOI ÷ cap rate. GRM uses annual scheduled rental income, excluding other income. The figures above are annual unless labeled otherwise.

Get a broker’s perspective

A building’s condition, leases, location and comparable sales deserve a closer look.

Roberto Gonzalez, Broker301-991-0207roberto@rgrealtyinc.com
An estimate is a starting point. This calculator uses the income capitalization method and the assumptions shown. It is not an appraisal or a completed Broker Opinion of Value. Condition, deferred maintenance, leases and comparable sales can materially change value. Nonpositive NOI cannot support a value with this method; it does not mean the property is worth zero.

An income-based starting point for building owners

Wondering what your commercial or multifamily building could be worth before deciding whether to sell? This building value calculator turns the rents and operating expenses you enter into an annual net operating income (NOI), then divides that NOI by your cap rate assumptions to estimate a value. It is designed for owners in Hagerstown, Washington County and nearby markets who want an initial estimate before a conversation with a broker.

How to interpret your estimate

Use current rents and recurring operating costs. Mortgage payments are excluded from NOI. The starting 7.5% cap rate is an RG Realty assumption, not a verified local sales benchmark; choosing a market does not select a market-specific cap rate. Enter different lower and upper rates to see how sensitive the estimate is. This tool does not analyze comparable sales, inspect the property or establish an asking price.

Choose the next step for your property

For a property-specific review, use the Broker Opinion of Value request above. If you are preparing to sell, explore our Hagerstown multifamily selling services. To learn how income, comparable sales and other methods fit together, read the commercial property valuation guide.

Evaluating a purchase with a known asking price instead? Use our multifamily investment calculator for financing, DSCR and cash-on-cash returns. That tool evaluates an investment at a purchase price; this one estimates a building value from income and a cap rate.