COMMERCIAL REAL ESTATE

Real Estate is the modern term for land and anything that is permanently affixed to it (Also called real property and realty).  Fixtures include buildings, fences, and things attached to buildings, such as plumbing, heating, and light fixtures.  Property that is not affixed is regarded as Personal Property.  For example, furniture, above ground pools, and draperies are items of personal property.

Commercial real estate involves the sale and lease of property for business purposes.  It is not residential real estate, which is property used to live in.  Commercial Real Estate is any property bought, sold, or owned to produce income.  In its most broad definition it can include any type of properties ranging from vacant land, to apartment complexes, condominium complexes, to shopping centers, to medical/educational buildings, to office buildings, hotels and resorts, and finally to industrial parks.

Commercial property valuation requires a more complex method, taking into account the income potential of the property, historical revenue, cash flow with owner perks removed and much more. Unless someone has extensive business valuation experience, it’s better to enter this specialization carefully after time in the business in land or residential property markets.

Types of Commercial Properties
Multi-Family
Office
Industrial
Retail
Shopping Center
Hotel & Motel
Senior Housing
Health Care
Sport & Entertainment
Special Purpose
Land

Please fill out the form below if you are interested in buying, selling, or investing in real estate.