- Scott Gilmore
Important Factors When Investing in Commercial Real Estate
As experienced commercial real estate brokers in Louisville, we know and understand the ins and outs of commercial investing. It’s our job to help you (the investor) evaluate different factors when investing in commercial real estate (CRE).
Our Louisville commercial real estate brokerage experts at HOWE Real Estate wanted to share with you some important factors when investing in CRE (and there are many more than we will list). At HOWE, we provide real estate development and consulting services across all market segments.
Location – Location is one of the most important factors when investing in CRE in Louisville or basically any city. With location, think about vicinity to other businesses, access to public transit, parking availability, visibility, zoning, neighborhood amenities, etc. With location, think about current and future factors such as changes being discussed, future nearby developments, a changing landscape, etc. By thinking about the location, you can help better predict property performance throughout your investment.
Value – To determine a property’s value, there must be a complex analysis using the sales comparison approach, cost approach, and income approach, which include market performance, construction, utilities, equipment, and maintenance.
Purpose – The property you invest in or want to invest in must reflect and fit in with your goals and portfolio. You need a good understanding of your investment purpose to leverage the right assets to reach your goals.
Cash flow/profits – You want to look at the big pictures when investing in CRE, since cash flow and profitability is key to your success. You want to get some projection models created to show short-term and long-term analyses of your projected investments.
There’s a lot to think about when investing in CRE. It’s important to weigh all your options and be prepared so you can settle on the best option for you based on your goals – that’s where we come in. Our team of CRE experts can help you find what you’re looking for.
Searching for Commercial Real Estate Property for Sale in Louisville?
As CRE brokers and Louisville commercial real estate experts, our team at HOWE Louisville is happy to help you plan and find a CRE property. We want to help you reach your financial goals with any CRE investment. We have extensive experience in the Louisville CRE market.
The affluence of the commercial sector in Louisville makes it a great place for business owners. In turn, that means investors are unlikely to be hit by delays during the real estate processes. At HOWE, our ability to get creative with new solutions to old problems has made us a leader in commercial real estate. Our commercial real estate brokerage, real estate development and consulting services across all market segments. This includes retail, industrial, office, investments, land, mixed use, development and multifamily.
Let our team of professionals at HOWE Louisville help you get started on looking for a commercial property for sale in Louisville. We work with buyers, sellers, lessors and lessees across all property types in and around Louisville. To contact us, send us an email or call 502-890-4475.
Check out our Louisville commercial real estate listings.