The compensation standards for demolition on state-owned land and collective land are different. The demolition of state-owned land can be carried out in accordance with the demolition regulations. If the land is transferred, compensation can be based on the market price of the real estate. Buildings on collective land can only be compensated at replacement prices. As for the specific price, the real estate price is probably the local transaction price, and the replacement price is generally the construction cost minus the service life.
If your commercial housing is demolished, it should be resettled unless you choose monetary compensation.