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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

On the other hand, if you are purchasing the commercial property for leasing to tenants, you have two choices when it comes to running the show. You can choose to act as the landlord, handling the typical day-to-day responsibilities; or you can consider hiring a commercial property manager who will administrate those aspects for you.

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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. The estimate of the market value of real property in its current physical condition, use, and zoning as of the appraisal date. Value Scenarios. Contact him today!

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

Leased Fee Interest – Defined as the ownership interest held by the landlord, which includes the right to receive the contract rent specified in the lease plus the reversionary right when the lease expires. The post Helping Lenders Navigate the Commercial Real Estate Appraisal Process appeared first on Simonson Real Estate Blog.

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Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

Consider this: Central Ohio homes under contract in June 2021 proved to be the best for the month and a record high for any month, ever! However, the year-over-year rent prices still showed positive growth for retail (2.3%) and multifamily (8.8%), indicating landlords are not concerned about filling their commercial spaces for rent or lease.