Kind Of Business
I recently bought 4 lots around half an acre on a state route. The combined area is about 2.3acre & the net area after buffer for a stream is 1.4 acre . the area is still developing, and expected to keep on developing as it is in the area the county is actively promoting and is about 4 miles from expressway where a major shopping area has already developed. The lots are surrounded by homes bet. 200K & 350K. What are the businesses should I try to attact ?
How is the property zoned (commercial, residential, other)? This needs to be known before we can respond effectively.
If you can, find A commercial broker (not part time residential, to give the value of the area, and prospects.
Currently each lot is zoned as single residential.
. [ Edited by ashwin on Date 05/15/2010 ]
So is it just one lot --for a single house ?
Unless it is near main highway / road --how can you have any business ?? the lot is too small for any business-- strip center -
and with a stream --only good for upscale luxury home --if you find a right buyer who wants to live there
give me a call --if still available -- 404 488 6137[ Edited by champakshah on Date 10/10/2010 ]
Quote:
On 2010-05-14 15:43, cjmazur wrote:
If you can, find A commercial broker (not part time residential, to give the value of the area, and prospects.
Finding a commercial broker will be more better in terms of knowing the value of area. This is something which is worth necessary in knowing all the things that are necessary.
all that and more..
search the archives this subject has been discussed.
Purchasing land is what very beneficial aspect and if one is doing so then they need to understand all the pros and cons and even the documentation that will be share amongst the buyers and sellers.
Here are key questions to ask when considering buying land:
1. Is the location where you want to be?
2. Is this property located in the Extra-Territorial Jurisdiction (ETJ) or City Limits?
3. Is this a plated lot?
4. Are there any building concerns or restrictions on the land?
5. What are the deed restrictions and expectations for each lot owner?
6. What is the tax rate for this property?
7. What utilities are readily available at the land?
8. What infrastructure is in place to assure enforcement and maintenance?
9. Who is your developer?
Hope this helps!
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Expert with real estate sales, leasing and property management. http://www.homepropertymanagement.com/[ Edited by LWeber on Date 08/14/2012 ]
So what was the result?