Eppraisal
FEBRUARY 7, 2023
Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. Motivation will determine the price paid for your land.
Simonson Real Estate
JULY 10, 2020
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.
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Simonson Real Estate
DECEMBER 6, 2022
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. Examples: A building owner has a single lease or multiple leases with tenants. Clarify What Value or Values are Needed.
The Robert Weiler Company
SEPTEMBER 7, 2022
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.
The Robert Weiler Company
OCTOBER 15, 2021
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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