A free, confidential opinion of value from a local broker, based on recorded sales near you. Usually within 48 hours. No cost, no obligation.
Talk to Nick
Nick Fitzpatrick
NorthGroup Real Estate
Call or text 843.561.4098
Usually within 48 hours. No cost, no obligation. This is a broker's opinion of value, not an appraisal.
How it works
Two minutes on the form, or a quick call or text.
Recent sales nearby and an honest value range, usually within 48 hours.
Keep, rent, sell or do nothing for now. Your call, no pressure.
Inherited a commercial or rental property?
Keep the income for the family.
It's a business: tenants, leases, repairs and management. Decide who runs it.
Keep it, and let a property manager handle the tenants.
Keeps the income with less work, for a fee of part of the rent.
Sell to an investor, a business owner or a developer.
Value depends on the income, the leases and the location.
Sell and buy another investment property, deferring tax on the gain.
Strict deadlines apply. Talk to a CPA or exchange company before selling.
One family member buys out the others.
A fair, documented value makes the conversation easier.
First steps
Find every lease, deposit and rent record.
Rent should keep coming in to the estate or the new owners.
Make sure the building and liability coverage stay active.
Track rent, expenses and repairs. Buyers and CPAs will ask for them.
County tax bills come due each January. Make sure someone receives it.
Common questions
Usually, yes. Existing leases normally transfer to the new owner, which many investors want.
Mostly on the income it brings in, compared with recent sales of similar properties.
A way to sell an investment property and buy another while deferring tax on the gain. Inherited property often has a stepped-up tax basis, so ask a CPA whether you need one.
Generally yes, when the heirs own it together. Most families start with a fair, independent value.
General information, not legal or tax advice. For your situation, talk with an estate attorney, a CPA, or the county probate court. More questions families ask →