Commercial Real Estate For Sale By Owner

Updated August 21, 2026

Caproll is a marketplace for commercial real estate listed directly by owners. Every listing shows standardized financials — NOI, cap rate, occupancy and expense ratio — and you deal with the owner, not a listing broker, with no buyer-side commission.

Where can you find commercial property for sale by owner?

Most CRE marketplaces are built for brokers — by-owner deals get buried or excluded. Caproll is built for principals: owners list directly, and buyers browse free with full financial detail on every listing.

You can search by market, asset class, cap rate, price-per-unit, occupancy and days on market, save deals, and set alerts that email you the moment a matching by-owner property publishes.

Why buy directly from the owner?

Buying direct removes the layers between you and the person who knows the property best.

  • No buyer-side commission on Caproll — the platform's fees are flat and paid by the seller or broker.
  • The seller's actual income and expense figures are on the listing, computed with the same formulas across every deal.
  • You message the owner directly and submit LOIs in-platform.
  • NDA-gated document rooms give access to rent rolls and financials after proof of funds.

What does it cost buyers?

Browsing, searching and making offers is free. Optional paid plans add unlimited interactive underwriting, the Deal Analyzer for underwriting any property (even off-market), DSCR modeling, AI deal summaries and live deal alerts — but no plan is required to buy, and Caproll never charges a buyer-side commission.

Frequently asked questions

What does FSBO mean in commercial real estate?

FSBO (for sale by owner) means the owner sells without a listing broker. In commercial real estate this saves the 4–6% commission and puts the buyer in direct contact with the decision-maker.

Is it safe to buy commercial property directly from an owner?

Yes, with the same diligence as any deal: verify financials, inspect, and use an attorney and title company. Caproll builds this in — NDA-gated documents, a guided closing with title and escrow, and wire-fraud verification.

Do I pay a commission when I buy on Caproll?

No. There is no buyer-side commission. Caproll's fees are flat and are paid by the self-listing seller (or the broker on represented deals).

What property types are listed by owner on Caproll?

Multifamily, retail, office, industrial, self-storage, hotel/motel, RV and mobile home parks, mixed-use, residential portfolios and vacant land.

How do I know the listing numbers are real?

Every listing's NOI, cap rate and expense ratio are computed by the platform from the seller's stated income and expenses using one consistent formula set, with expense-accuracy warnings when figures look understated. Source documents can be shared under NDA.

Can I negotiate price on a by-owner listing?

Yes. You submit an LOI in-platform, and the owner can accept, decline or counter — the negotiation history stays in one place.

Browse by-owner listings