Rent Estimate
See how much infrastructure tenants are paying to lease space near you.
How it Works
SiteBid leverages cutting-edge statistical and machine learning models to analyze hundreds of data points for each individual lease.
By comparing your lease against our database of over 23k+ leases nationwide, we provide an accurate and reliable ValueTrack Estimate. Our advanced model integrates data from county and tax assessor records, along with direct feeds from trusted data sources. The ValueTrack Estimate also incorporates:
- Tenant Type (tier 1, tier 2, etc.)
- Infrastructure Type
- Lease Type
- Utility Type
- Lease Terms
- Location details
The nationwide median error rate for the ValueTrack Estimate for selling a lease is +/3.4%, while the ValueTrack Estimate for the market rate of leases has a median error rate of 7.49%. The ValueTrack Estimate’s accuracy depends on the availability of data in a lease’s area. Some areas have more detailed lease information available — such as leased area square footage and historical data — and others do not. The more data available, the more accurate the ValueTrack Estimate value will be.
Note: The ValueTrack Estimate’s accuracy is computed by comparing the lease or sale price to the ValueTrack Estimate that was published on or just prior to the closing date.
It’s free! No, really.
Requesting a lease valuation is free to property owners and approved partners.