Various factors affecting commercial real estate prices are described below.
• Location: The sales and profits of a commercial enterprise are highly dependent on the position of that establishment. Because a good location is preferred due to both its awareness and ease of transportation.
• Economic Value: For a business with high earnings expectations, the rental rate may also be high.
• Supply and Demand indicates that prices and property value will rise if demand exceeds supply. This increases the price of Commercial Real Estate.
• Size and facilities: The price is high as there will be a lot of demand for a place that has the functionality of the usage area and designs that appeal to the eye.