Value of bussiness with dwell gone

I have looked at a bussiness whaich has not been worked at all for over a month, and is for sale. It sits on 16.6k of mainland and has several building nicely done... With dwell a thing of the past.. how does one calculate a fair value for such property? The asking price is about $190 k which would probably have been a reasonable price while dwell was being issued, but seems high now for the 16.6k of land and a few easily built buildings.

Any advice on determining a fair value for this property?

Why the dwell shoud modify the value of a land ?

Why would you look at the dwell anyways? look at the traffic rating. that's still there if you need to judge by it. Also, the continued trafic would be your responsibility to get up again.

Dwell = Customer presence. If the land has had a lot of customer traffic and was not a camping chair spot, then you're buying a lot of good will. If you're going to buy the business and keep the same theme, then some of the repeat customers will continue to visit the shop.

Don't just think of the raw income from dwell, but what it represents as well.

Then talk about "traffic".
And the dwell was very low income anyway.
(if you own 16k of land, the dwell is *nothing* against the tier fee)

and you shouldn't even take a look at the traffic anyway.
Most ppl just TP and sometime take a look at the neighboor's land.

I'd forget the business and simply pay the going rate for land.

If it was in any way profitable it'd likely not be for sale and frankly I can't think of any business in SL worth buying. Product based businesses like clothes are entirely dependent on their creators for new content and most others offer nothing you can't buy and implement yourself. If they are unique, again, they rely on their creators to remain successful. If it's a club/venue, most of these are deserted wish fulfillment exercises on the part of residents.

You'll do better to build your own. It seems that when people sell large, non-functioning businesses inworld, it's because they weren't making enough money to cover their costs. The only thing of value you're buying is the land and perhaps a few customized scripts. I'd wait until the ability to set parcels for sale is granted to private estates and pay 0.25L/sm for mainland.

I once built up and sold an entertainment business. The upfront costs were high due to some very expensive (in SL terms) scripted objects being needed. I ran the business until breakeven and built up a large customer base. I then sold it, turn-key, complete with my customer group, brand name and the scripted objects above. The whole was worth more than the sum of its parts.

I guess my point is that there are pleanty of businesses in SL that are profitable and are worth buying.