Taking into consideration the value of the land alone with no buildings attached, the $875,000 sale price divided by 8,000 square meters would equal $109 per square meter. Assuming a value of $400 per square meter for the combined 7 buildings which total 1,000 square meters, a total value for the buildings alone would equate to $400,000. Taking this into consideration, the value of the land would equate to $475,000, which would in turn, place the land value at $60 per square meter. To be clear, these numbers are used only as examples and a current market analysis should be completed prior to making a final valuation of the entire project.