Commercial Industrial Property For Sale Near Me Johannesburg West

How Do you Select Best industrial property and commercial business Buildings for sale in Johannesburg West?

[tag]  is a specialist field. Not all property agents know enough about the commercial property market and the property type to do it well. Sellers in Johannesburg West should choose their agent with care.

The owners of investment property that want to sell their asset should carefully choose a real estate agent that is well versed in the market trends and the property type. That agent should also show a high level of current market share and success in commercial property in Johannesburg West  over the years.

Commercial Retail Property

Selling commercial property is not an ‘experiment’ or an exercise in ‘hope and pray’. When undertaken correctly in any market situation by a skilful agent, a property will attract enquiry and a sale is possible. The result then sits on the client’s ability to accept the industrial property for sale market price and market evidence. There are always buyers out there; they just have to be found and the sellers need to be accepting of the market trends.

Interesting Facts About Industrial Property and Commercial Business Buildings for Sale in Johannesburg West:

Industrial Commercial House

If you want to earn more than what you get when working with an employer, it is high time for you to invest and start up your own business. But of course, before investing and putting up a business, you have to see to it that you can do and what business can you put up to make you obtain success. No doubt Miami is one of the cities in Us that is growing and know for its high business opportunities. With this, there are more and more individuals, who visit that city, enjoy and have fun. There are also some who stayed in the city for good, either they wish to explore the beauty of the city or they want to obtain success through the job opportunities in Miami.

In your desire to buy a Miami commercial real estate property, you have to give time, effort and alertness. Of course, you wish to get the right property in order for you to easily cater your target market. So you have to choose the right location or neighborhood in order to assure that things will work out well.

You can use the internet in looking for Miami commercial real estate properties to choose from and pick the one that you think is the right one for you.

Commercial Real Estate Property

Industrial Commercial House

What commercial property types should you buy? You should consider the pros & cons of each property type, as well as, have a good understanding of your investment objectives and your experience. These factors will help lead you to your ideal commercial property.

Listed below are the most common commercial property types.

Apartments/Multi-family
Apartments or multi-family buildings are usually the first choice for new commercial investors. Apartment management and financing is very similar to residential, and so new investors feel more comfortable with them. The main disadvantage with apartments, is that they are management intensive.

In order for an apartment to be considered commercial property, it must have 5 or more units. There are numerous sub-types of apartments:

  • Low-Rise Garden Apartments

  • Mid-Rise Apartments

  • High-Rise Apartments

  • Student Housing

  • Military Housing

  • Townhouse Style

  • Co-op
  • When you are looking at properties to purchase, pay close attention to the location and general market for that area. You will want to avoid properties that are located in economically depressed or seasonal areas. Also, the property should have acceptable aesthetic qualities to be competitive with market standards and have a minimum occupancy of at least 85%.

    What if the property you are evaluating has inferior physical characteristics or is in an economically depressed area?

    You may have a higher interest rate, higher reserves and tighter underwriting constraints.

    Healthcare
    These property types are nursing homes, congregate care and assisted living centers. Properties should be close to retail and community services. Be cautious of properties in economically depressed or seasonal areas. Also, be sure that the property complies with ADA requirements.

    Hotel
    Hotels are characterized as either Full Service or Limited Service.

    Full Service Hotels can be further divided into Luxury, Upscale, Mid-scale, and Extended Stay hotels.

    Limited Service Hotels can be further divided into Mid-scale, Economy, Budget and Extended Stay. When considering hotel properties, the property should have a stable operational history. A property with a history of four or less years should be scrutinized. The minimum acceptable occupancy is usually 60%. Lenders also prefer franchise affiliated hotels with franchise agreements extending beyond the term of the proposed loan.

    Industrial
    These property types will have usage for industrial purposes only. Such as

  • Warehouse-single tenant

  • Warehouse-multi tenant

  • Manufacturing

  • Research & Development

  • Flex Space

  • Light Industrial

  • Heavy Industrial
  • Self Storage
    Also is called Mini-Storage, it is used for personal storage for lease by consumers.

    Other Specialty
    These property types are unique and the financing them can be difficult. They include
    gas stations, oil change facilities, etc.

    Search for Commercial Real Estate Businesses For Sale Near Me in Johannesburg West

    Industrial Property Brokers

    Real estate has always been known as the safest of investments.

    In fact, real estate investment completed after proper research into and evaluation of the property (to determine actual and future value), can lead to tremendous profit.
    This is one reason many people choose real estate investment as their full time job.

    Discussions about real estate tend to focus on residential real estate; commercial real estate, except to seasoned investors, typically seems to take a back seat.
    However, commercial real estate is also a great option for investing in real estate.

    Commercial real estate includes a large variety of property types.
    To a majority of people, commercial real estate is only office complexes or factories or industrial units.
    However, that is not all of commercial real estate. There is far more to commercial real estate.
    Strip malls, health care centers, retail units and warehouse are all good examples of commercial real estate as is vacant land.
    Even residential properties like apartments (or any property that consists of more than four residential units) are considered commercial real estate. In fact, such commercial real estate is very much in demand.

    Or in another case (i.e. when a retail boom is expected in a region), though your commercial real estate investment strategy was devised around purchasing vacant land, you might find it more profitable to buy a property such as a strip mall or small plaza that you can lease to retailers or a property that you can convert into a warehouse for the purpose of renting to small businesses.

    So in a nutshell, commercial real estate presents a veritable plethora of
    investing opportunities, you just need to recognize them and go for it.

    About the Author:
    Dave Jarvis is a licensed Real Estate Broker in Florida and is Broker and Owner of Realty Concepts, Inc. a Southwest Florida Real Estate Corporation.
    If you are interested in Southwest Florida Properties see his website at [http://www.rciflorida.com]

    For additional Real Estate information go to: [http://www.realestateseekerusa.com]
    For Real Estate Financing information see : [http://www.mortgageseekerusa.com]

    Real Estate Agents - How Do you List and Sale List Commercial Property the Right Way?

    Industrial Property Brokers

    Selling commercial property is not an easy task. The most common thought that comes to most when selling property is which real estate agent to choose. There are thousands of real estate agents that are listed in the phone book, online, advertised on television and in the street. So who do you choose?

    Never go with your first option - there are so many real estate agents to choose from, so you should always research agents thoroughly. Selling your property is an important decision, so make another important decision by choosing the right real estate agent. Find out how below:

    • First, try to use someone that is reliable. The best way to find out who is reliable is by seeking candidates that your friends or family have used in the past. These people will be able to give you a truthful and firsthand experience of what it was like to work with that particular real estate agent.

    • Another benefit of the real estate agent is if he or she has sold and is familiar with the neighbourhood where your commercial property is located.

    • Lastly, the schedule of you and your agent should be compatible. Communication is key in selling property, but if you and the agent cannot find a common ground in your schedules, it is unlikely that the partnership will turn out favourably.

    If you follow these tips to choosing the best real estate agent to sell or lease your commercial property then you should be well on the way to being a happy landlord or even a very wealthy vendor!


    Where To Buy Commercial Property Near Me Johannesburg West

    Not all Buying A Commercial Property Near Me in Johannesburg West should be auctioned, but the auction method of sale does have real advantages if the property is just right and the market is accepting of that method of sale. Here is why.

    The key governing factors to determine if auction is a real chance or choice for the commercial property owner are the current levels of enquiry for that property type, and the prevailing business sentiment. If this is the case then you can look further at auction.

    Industrial Old Factory For Sale

    The auction method of sale is a proven time based sale process that flushes out the enquiry and if the investment property ticks all the other boxes such as acceptable (and not excessive) levels of comparable property on the market that are competing with the subject property coming up for auction.

    Do not overlook the advantages of auctioning a commercial property. Just make sure all the other existing elements are in support of that method of sale before you start, which is why they use commercial business industrial property buildings for sale agents.

    How Do You Select The Commercial Business Industrial Property Buildings for Sale in Johannesburg West?

    Industrial Old Factory For Sale

    Many property investors choose industrial property as their first type of property investment outside of residential property. This then shows that the first time or smaller property investors believe that industrial property has key advantages for them.

    The main advantage we can see frequently is that industrial property is relatively simple and basic when it comes to property performance. It is not hard for property investors to know what to do and what to control with property rents, leases, and property maintenance.

    So what could be some other elements of industrial performance that are worth considering if you were and investor and you wanted to purchase a good property or something with real potential? Here is a list to get you started.

    These are the most common points of concern and focus in industrial property that we come across as we speak to many investors, tenants, and real estate agents.

    1. Transport routes to the property and those that are used by a typical industrial tenant must be understood. The routes must be easily accessible as a system of raw material supply and product distribution.
    2. Many tenants need raw materials as part of their business operation. What are these raw materials and how easy is it for the tenant to get them? Look at the access factors for air transport, shipping and port access, together with freeways and the main road networks.
    3. The power to the property should be of the type that industry uses. In most cases that is what we call '3 phase' or 'high tension' power. It is the type of power supply that industry needs for large machinery function. If this power is not available you will have to assess how much it will cost to get it to the property.
    4. Cost and supply of labour force is important to industrial tenants. Invariably they will need people to work in the business. Proximity of the industrial property to local residential areas or towns will help with a source of labour supply; however another advantage with this will be access to public transport for the employees.
    5. Moving the end manufactured goods to their market is quite important to the industrial tenant. Today we see reasonable flexibility with truck transport and road networks however some very heavy or bulky goods will need rail heads as a point of distribution. Rail transport still has the advantage when it comes to large volume and heavy goods.
    6. Industrial property investment seems to be strongest in performance around major cities with established growth cycles. Even in a slow economic cycle these industrial properties will perform given the interaction with the community and reasonable access to end markets.
    7. In good property markets the industrial property tends to give higher levels of return when compared to office and retail property. This is an analysis on average so the other elements of location, tenant selection, and market access are still important to the equation. The industrial property market is still robust when economic cycles are positive.
    8. When economic cycles change to the positive, it is the industrial property that responds first even before office and retail property.
    9. Leasing industrial property is basic and simple. Vacancies are easy to manage providing the property is not too special in design that limits tenant usage.
    10. Rents are usually on a net rent basis and the tenants normally take responsibility for the payment of outgoings. In saying that, the landlord needs to ensure that they have a sound accounting process that checks the tenant in that payment cycle. The landlord does not need or want an unpaid account and fines applied thereto.
    11. When the property market is active, the pre-lease market on new industrial property construction is quite strong. It is the timing of the release of newer industrial projects that needs to be carefully managed.
    12. Owner occupation is an element of industrial property performance that moves in cycles. Reading, developing and selling into that property market can be lucrative. This also says that the owner occupiers of industrial property will also sell out of their owned property. Real estate agents can tap into the major businesses to capture this source of new industrial property listings.
    13. When the property market is 'strong' the yields achieved on well positioned industrial property at sale time are usually attractive for the seller. This does say that care must be exercised in having good tenants, great leases, great location, and a well maintained property.
    14. Buyers of industrial property come from two sources. That is the investor market and the owner occupiers. This provides versatility in property disposal if one market segment is slower.
    15. Corporate investors will move property in and out of the balance sheet as the company changes and repositions itself for business advantage. Monitoring the media for such changes will give investors a source of opportunity. The process of 'sale and lease back' is common in industrial property.
    16. Ample car parking for staff and customers
    17. Good loading and turning areas for trucks
    18. Functional office areas that support the warehouse operation
    19. Generous warehouse height and entry points for trucks and storage
    20. Security for the premises
    21. Access to quality business communication systems including telephone, data, internet, and mobile communications
    22. Good signage at the front of the property that gives the business a clear identity
    23. Proximity to services such as roads, transport, water, gas, electricity, and other industrial tenants.

    These elements are the most common that we see in successful industrial property. Whether you be a real estate agent, a property investor, or a business needing a building to occupy, you can start with this basic list and add your special criteria to formulate the profile of a good industrial property in your area.

    Real Estate Agents - How Do you List and Sale List Commercial Property the Right Way?

    Commercialproperty2sell

    A real estate agent listing a commercial property should undertake a detailed property inspection before they give any indication of price or rent to a landlord or property owner. In only this way can they really know what the property is all about; that is what positive and negative aspects the property can create as an investment.

    Every property is different and for that simple reason it pays to have some form of checklist to run through when as an agent you are listing the commercial property. The focus of the inspection will change depending on whether the property is to be for sale or for lease but here are some of the key issues that you would want to know about in listing the property for sale.

    1. Ownership of the property together with the split if any on property ownership

    2. Decision makers for the ownership

    3. Location detail and survey plans of the plot

    4. Details of the improvements in the property

    5. Details of all the leases and occupancy documents that apply to the sitting tenants

    6. Tenant contact detail for access in further inspections

    7. Details of rental paid at the current time and how that is documented

    8. Vacancy factors and areas that are soon to become vacant

    9. Details of the expenditure to run the property both today and over the last 3 years (in this way you can check the way the property has performed)

    10. Orders and notices that may have been issued over the property and which remain outstanding

    11. Matters relating to current negotiations in leases for further terms or amended lease situations

    12. Details of any existing lease incentives that have been provided to tenants currently and which remain active for the future

    13. Access arrangements for people and vehicles getting into and away from the property

    14. Any encumbrances, liens, and interests from other properties in the area and that can impact the subject property

    15. Services and amenities that serve the area and the property

    16. Energy supply and energy consumption factors

    17. Environmental factors that are current or could impact the property usage

    18. Heritage matters that can impact the property

    The list does not end here but it is a good summary of the main elements that apply in a property inspection. Any one of these items could have issues to impact the price of the property. Importantly you are finding the issues before you price and list a property.

    When you have the property correctly documented it makes the sale and any lease negotiation much easier. Most buyers today will undertake their own due diligence in the sale and settlement process. Make sure you find the problems before the buyer does and have all the right answers ready.

    Find All Buying A Commercial Property Near Me in Johannesburg West

    Commercial Retail Property

    Selling commercial property is not an easy task. The most common thought that comes to most when selling property is which real estate agent to choose. There are thousands of real estate agents that are listed in the phone book, online, advertised on television and in the street. So who do you choose?

    Never go with your first option - there are so many real estate agents to choose from, so you should always research agents thoroughly. Selling your property is an important decision, so make another important decision by choosing the right real estate agent. Find out how below:

    • First, try to use someone that is reliable. The best way to find out who is reliable is by seeking candidates that your friends or family have used in the past. These people will be able to give you a truthful and firsthand experience of what it was like to work with that particular real estate agent.

    • Another benefit of the real estate agent is if he or she has sold and is familiar with the neighbourhood where your commercial property is located.

    • Lastly, the schedule of you and your agent should be compatible. Communication is key in selling property, but if you and the agent cannot find a common ground in your schedules, it is unlikely that the partnership will turn out favourably.

    If you follow these tips to choosing the best real estate agent to sell or lease your commercial property then you should be well on the way to being a happy landlord or even a very wealthy vendor!

    Buying Commercial Real Estate As Investment Property

    Commercialproperty2sell

    2016 was truly a record-breaking year for US's industrial real estate sector. The previous year saw this sector's demand outpace its supply, and this trend isn't slowing down in 2017. Because of this bullish trend, the sector's vacancy rate has driven down to 5.8 percent-this was the figure, which was released by JLL Industrial Investment Outlook, in the third quarter of 2016.

    Interesting findings

    Because of this trend, the landlords are benefited as the rates of rents rose up to 8.2 percent when compared with those in 2015. Seeing this trend, the investors-are grabbing the opportunities to buy real estate in this expanding market and leveraging the private sector financing via commercial mortgage lenders.

    In the industrial real estate sector, the year-over-year investment is down by 28.9 percent from the third quarter of 2015, but the total investment volumes look to be on track because they're all set to create the second-largest tally since the Great Recession.

    Due to this, 2017 has a few uncertainties as far as the industrial real estate is concerned. However, the overall outlook of this sector continues to appear optimistic. The mix of uncertainties and optimism defining today's real-estate sector has motivated us to give you five top factors that'll drive the industrial real estate's demand this year.

    Creative industrial realty development is rising

    The unprecedented demand for industrial real estate and the push to improve delivery services may easily influence development across the US. This development may further persuade a lot of companies to find a space in secondary or even tertiary markets. Because of this, small-sized urban-core warehouses, reconverted assets, fulfillment centers, and multistory warehouses can easily become solutions for several businesses this year.

    As there are many changes taking place in regulations and policies related to trade, transportation and storage sectors might easily get affected. Nevertheless, the fundamentals remain, like always, strong. The construction and infrastructure are doubtlessly looking promising owing to the growth of e-commerce. Because of all these driving factors, we're pretty optimistic about the prospects of industrial realty sector flourishing in the coming time.

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