Marketing commercial real estate is more than simple market contact. To successfully sell commercial property the owner have to also be prearranged and ready to deal with the details of commercial property ie zoning, permited use, evaluation, etc.
The first step in marketing commercial property is to bring together the correct information about the subject property. This involves the following:
1) What is the current zoning and the future zoning?
2) What kind of uses are in political favor in the community?
3) Is the subject property
4) What kind of uses can the subject building be grandfathered.
5) How many parking spots are on site and how many parking spots are public?
6) Measure the outside dimensions of the space for industry standard square footage.
7) Research property lines and easements.
8) What are the current lease/sales prices in the area for the like kind use as the subject property?
9) What level of cost does the subject property owner have to incur to create marketable space?
There may be many other items to meet depending on the type of commercial property. It is important to know what the subject property has to offer.
