Commercial property value is primarily driven by income, risk, and market demand—not emotion or replacement cost. Buyers focus on net operating income (NOI), lease stability, tenant quality, remaining lease term, expenses, location, and prevailing cap rates for similar assets. In South Florida, pricing can vary dramatically by submarket and asset type, so accurate valuation requires current, hyper-local data rather than national averages. Every property is different—reach out for a confidential discussion specific to your asset.