things to consider
# commercial investing success lies in hard and quality work
4. Parallel Factors / Usage
An equally critical factor in your choice but at the same time an always tailored and personal factor of choice is what you plan to do with your commercial investment. Are you going to build a plant operation? Are you going to set up a pick-up/warehouse service? Are you going to use it as an industrial warehouse? Are you going to build a mall, a hotel or operate any type of business? Then, personal factors might apply, which under the smooth co-operation with an expert commercial real estate agent might play significant role in the price and the location that will finally be selected.
5. Taxation / Legislation Framework-Restrictions-Motives
Although it seems needless to state, our experience has shown that many times investors, whereas the huge amounts they spend on buying commercial properties they neglect important taxation and/or legislative factors that might play significant role in the value/return of their investment or in the full usage of it in the long run.
6. Location / Infrastructure Analysis
Along with an expert commercial agent, before investing in a commercial property or building or land you should conduct a detailed contingency plan on the location of the property and its corresponding current or future infrastructure. What is your specific commercial property’s location analysis? What’s the infrastructure of the area? How are the surrounding buildings, properties or lands affecting your investment? What about the status of parking, drivers and commuters? What are the market projection trends of the specific area? What is the income level of the area? How far or close it is from the center of the town? Are there any environmental factors or restrictions to consider?