3 Things Your Commercial Property Listing Must Offer

Written by admin on May 19th, 2011

If you’re considering purchasing some sort of commercial real estate, the commercial property listing should include three things. These three things will help you make a more informed and savvy decision about the particular property and its investment potential.

Anyone looking at property in today’s market knows that now, more than ever before in our lifetimes,it is truly a buyer’s market. While this isn’t exactly great news for those selling properties, it is fantastic news for that who are interested in buying property right now.

What does this mean for you? It means that you can be very selective and do not need to go with any property that doesn’t have all the bells and whistles required to make you happy with your choice.

What three things are necessary for a property to be worthy of consideration for investment?

Price – Essential for a Commercial Property Listing

This may seem like a no-brainer but there are times when the price is just too good. This is possible even in today’s market.

It is your job to find out how much the property offering these features would be worth normally, and why it is so attractive now. Sometimes there are logical reasons. If you can find the logic then go for it. If the answer leaves you with more questions, consider making a graceful exit as soon as possible.

Location – Perhaps the Key Ingredient in a Real Estate Investment

The second thing you’ll need from a potential investment property is location. Location is vital to the success and/or failure of many real estate investments.

Be sure that you’re not buying into a neighborhood that’s in a state of decline or getting ready to be hit hard and heavy with a decline of some sort.

You also want to check out practical things like access to main roads, ease of entrance and departure, proximity to lodging, meals, and interstates before you decide to buy as all of these things can impact which businesses will or will not work in this location.

Potential – The Final Word in Commercial Real Estate

Every investment you make should be made with the intention of helping you achieve your long-term investment goals.

If the commercial property listing in question doesn’t show promise as an investment property or is likely to take you on a detour from your goals it might be a good idea to pass. Without potential, there is no point in purchasing a property as an investment or for any other reason.

If these three things are present then you can look for the luxuries or things you’d like to find in your investment property. Just remember that commercial property listings differ greatly from residential real estate in what makes an investment attractive.

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