Cheap Commercial Property For Sale Near Me Centurion

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

[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 Centurion 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 Centurion  over the years.

Industrial Office For Sale

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 Centurion:

Commercial Unit

Though it is certainly more common, and in many cases easier, to find deals with the single family houses, there are times when the opportunity presents itself to acquire a commercial property. And if you are a person who desires to pursue this venture, there are a few things you want to keep in mind when doing this. Following these simple steps can help speed up the process of getting some of these big deals in the pick line.

First, FFN offers a Commercial Property Boot Camp. This is a must if you want to pursue this arena of the real estate business. This course will teach you all the ins and outs of going through these business transactions. See the website if you want to know when the next one will be offered.

You will also want to keep your eyes open when you're riding around town, especially for fiz-bow signs (FSBO - "for sale by owner). If you see fiz-bow signs on big tracks of vacant land or any type of property, you will certainly want to call those numbers. When you are dealing with fiz-bow in the commercial property world, there is usually a reason they are trying to sell these properties themselves. And sometimes this can lead to some really good deals.

How to Find Strong and Accurate Comps for Commercial Real Estate

Industrial Retail Property For Sale

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]

Search for Commercial Industrial Property For Sale Near Me in Centurion

Property For Sale

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.

    The Difference Between Industrial, Retail and Commercial Real Estate

    Warehouse Lease

    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.


    Business Locations For Sale Near Me Centurion

    Not all Large Commercial Buildings For Sale Near Me in Centurion 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.

    Commercial Agent

    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 Centurion?

    Industrial Old Factory For Sale

    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.

    How to Market Commercial Real Estate for Sale or Lease

    Property For Sale

    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]

    Find All Large Commercial Buildings For Sale Near Me in Centurion

    Industrial Commercial House

    "Property on ground lease" is among the most confusing phrases, even to commercial real estate brokers. There are up to 3 parties in a "property on ground lease": the business owner, e.g. Burger King, the landowner and the building owner. When you see a sale of "property on ground lease", it could mean:

    1. Sale of land only. In this case, the building owner is the tenant, e.g. Burger King that has a business in the building. The tenant typically signs a 10-20 years absolute NNN ground lease with the landowner to lease the parcel. Should the tenant not renew the lease or be in default of the lease by not paying rent, the building with substantial value is reverted to the landowner. The tenant will make every effort to pay rent to avoid losing the building to the landlord. And so the cap rate for this property is about 1-2% lower than a property with both land and building.

    There are a couple of possible scenarios that could lead into a land sale only:

    · The business owner, e.g. a Burger King franchisee, could own both land and building originally. He then structures the sale of land only to an investor and then leases it back. He receives the tax benefits of being able to depreciate 100% of the building and fixtures. The tenant could later sell his interest in the building without the land to another investor and lease back the building.

    6. Is it easy to sell your interest if the lease has a few years left? If you own the land, your interest may be hard to sell, but still sellable. Once the ground lease expires, the building owner owns nothing. As a result, this can make it quite challenging to find a buyer for the building.

    7. Tax write-off's: Land does not depreciate for income tax purposes. The building, on the other hand is 100% depreciable.

    8. Financing: if you buy the land portion, you should be able to obtain 65% LTV financing in today's market, just like a typical property with both land and improvements. However, it's very difficult to get financing for the building acquisition, especially when the ground lease has less than 20 years left.

    Therefore, when you see a "property on ground lease" for sale, make sure you know what you are buying, considering there are many factors involved that can adversely impact/contest an investor's decision. If you're contemplating on buying the building without the land, think twice and make sure you have a clear understanding of all the plusses/minuses involved in this decision.

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

    Industrial Commercial House

    When you list a commercial property as a real estate agent you have to get the price just right. The market buyers know what they want and what they should pay for particular property types. Pricing a property well is part of your selling strategy.

    When you make a mistake in the property method of sale and or the price, you can be wasting your time in the marketing of the property. Not a good option when the listing is to make a good impression in the local property market. You need good enquiry from the first release of the marketing campaign.

    Obviously the seller wants the highest price, but setting a price that is too high will kill the enquiry on the property in the early stages of the property marketing campaign. So you have to get the price just right.

    These questions will help you with pricing the property. It pays to discuss these points with the seller of the property so they know the key issues that underpin and support the sales strategy that you choose.

    Property For Sale

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