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Commercial property in Solano County COULD be one of the best investments you could ever make. Today, commercial (AND residential) properties here are appreciating at a rate that became climbing dramatically 7 years ago and continues stronger than ever today. Best of all, with current 1031 property exchange laws allowing the deferral of paying capital gains taxes (IF you do all the right things at the right time---contact me to find out for sure), you can accumulate wealth at a rate your grandparents would have only dreamed about. You and I speak the same language when it comes to commercial property in Solano County or anywhere else. I am a CCIM (Certified Commercial Investment Member) candidate, which means I have the best training available to a commercial agent. Call me, Mark Miller, at: (707) 643-4500
Or email me at: Mark@MillerTeamRE.com |
A bit of education about common Commercial Real Estate terms:
A real estate developer builds on land, thereby increasing its value. The developer may be an individual, but is often a partnership or a corporation.
Developers are extremely concerned with providing useful buildings and structures. Useless buildings have no value, which means they can't be sold or rented. However, the building can only sell if it's in the right location, has utilities (defined as the availability from adjacent public roadways and with a sufficient capacity of water, sanitary sewer, storm sewer, electrical power, natural gas, telephone and cable) construction costs can be managed, and the project gets completed on time.
The standard solution to the construction problems is to retain a registered professional engineer who specializes in supervision of construction, and involve this person before purchasing the land. The standard solution to the salability problems is to retain an architect to design an attractive development. Many developers retain ownership of profitable rental properties. |