How to get full value for your commercial real estate
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Video added by
MANSARD
| Date Uploaded: May 12, 2021
| Date Created:
Description
Two brothers retiring from their business hired me to sell their commercial property. We could have valued the property based on the way they used it, assuming that a new owner would want to use it for a similar purpose. But if we had stopped there, these two brothers would have left a lot of money on the table. The town where the property was located was about to announce a new zoning overlay that would change the allowed use for the building. When we priced the property under the new zoning and offered it to the market, buyers paid 36% more for the opportunity. When you choose MANSARD, you can be sure that your valuation will reflect the full potential of your property.
Categories:
Commercial Properties for Sale, Brokerage, Economics/Market Reports/Research, Lending / Finance, Appraisal
Property Types:
ALL
States:
MASSACHUSETTS
Regions:
Cape Cod/Islands, Western Massachusetts, Middlesex County, Worcester County, Suffolk County, Essex County, Norfolk County, Bristol County, Plymouth County, Hampden County, Barnstable County, Hampshire County
Cities:
Boston
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For Sale: ±1.17 Acres of Vacant Land Lorene Drive
General Information
List Price: $127,740
Acreage: ±1.17 Acres
Parcel Number: 0396-183-03
Property Type: Vacant Land
Property Description
Zoning: C-2
Located just east of heavily traveled 7th Street.
Adjacent to Wienerschnitzel and across the street from Pep Boys.
Easy access to I-15.
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