commercial zoning

[RichD]

Hey all,
Does a property having commercial zoning have more or less value then a similar one that doesn't? Generally speaking.

[Rob]

I would say it depends on the tax situation and location.

[Frank]

Rob is correct.  Usually, Commercial property is worth more than residential, howver it really depends on the likelyhood of commercial success in a given location, and/or the physical condition of the property.   Commercial assessment alo attracts a much higher tax rate than residential.

[RichD]

Thanks Guys.