Buying commercial real estate ?

Commercial real estate purchases follow a different process than residential transactions and require careful attention to zoning, use classification, environmental history, and financing terms that do not apply to home buying. In Lecanto and throughout Citrus County, Florida, commercial inventory ranges from small retail strip centers and office buildings to industrial and agricultural properties. The Nature Coast corridor has seen increased commercial interest as population growth along the Highway 44 and US-19 corridors attracts service businesses and medical users. Before making an offer on any commercial property, commission a Phase I environmental assessment, review the current zoning and permitted uses carefully, and engage a commercial lender since terms differ significantly from residential loans. An agent with commercial transaction experience in Citrus County can help you avoid overpaying for a property whose highest and best use does not match your business plan. Kevin Neely & Kaitlynd Robbins | K2 Sells

Commercial is a different ball game. You will want to seek solid representation. Most commercial agents are not REALTORs they have a different accreditations. As for seeing value in a property. You will want Profit and Loss statements. You may find yourself in negotiations with the selling/leasing agent, just know that you can absolutely find your own representation. Keep in mind the highest and best use for a property. Want to buy a warehouse? Is storage the best use? Or could it be a showroom, gymnastics studio, offices etc. When leasing the property marketing is huge you want to make sure you are on both the big websites and the local market - use an agent that will give you the time effort and energy that you deserve.

Commercial properties vary by type. Only hire an agent who is specializing in that particular area. Like a restaurant to a gas station etc, you want agents experienced in these types of commercial properties.