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Robert Schmi…, Home Buyer in California

how much is a 1.8 acre lot zoned comercial with existing utilities worth

Asked by Robert Schmidt, California Mon Sep 3, 2007

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I can agree in part with the others; however, when you say commercial porperty it does not necessarily mean property with an established business. Buying a commercially established business is best done through a realtor who has knowledge of commercial requirements but commercially zoned property (without an established business) can be done through any realtor or by yourself. Realator reates for established commercial activities is considerably higher than regular rates. We sold commercially zoned propety (1.85 acres) with water rights, pasture, fruit trees, garden, fully fenced, two garages/shops and a 66'x26' (3/2) manufactured home on foundation, all utilities including house and shops 1/4 mile off the Reno highway and two miles West of Fallon a year ago for $195,000.
0 votes Thank Flag Link Wed Sep 26, 2007
I agree with what everybody else said. Commercial real estate is a specialty and a value opinion should be rendered only by an agent who is experienced in dealing with commercial land in that location.
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0 votes Thank Flag Link Tue Sep 4, 2007
Ute Ferdig -…, Real Estate Pro in Newcastle, CA
MVP'08
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If you are looking for sources for local agents to help you w/ pricing, try looking on Loopnet.com, CoStar.com and CCIM.net for agents who are active commericially.
0 votes Thank Flag Link Tue Sep 4, 2007
Deborah Madey, Real Estate Pro in Red Bank, NJ
MVP'08
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I agree w/ Patrick, Robert. All real estate is local - including property values. Find a couple of local commercial Realtors in your area with experience in this sort of property. Or, I will be more than happy to recommend a Coldwell Banker agent from our in-house network. Good luck! It sounds like you're beginning an exciting adventure.
0 votes Thank Flag Link Mon Sep 3, 2007
Lovelock Navada?
Robert you need to contact one or two local Commercial Realtors.
Good luck
0 votes Thank Flag Link Mon Sep 3, 2007
Mr.P, Other/Just Looking in Arizona
MVP'08
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