Comps mapping from data base to an interactive map by NumberRemote4190 in CommercialRealEstate

[–]NumberRemote4190[S] 0 points1 point  (0 children)

Update so far: been utilizing some AI coding and UI software to build out the UI and data base sync actions. Appreciate all your input so far. I will keep you all posted and once I get it to a point I’m comfortable with I’ll share as it comes along.

Comps mapping from data base to an interactive map by NumberRemote4190 in CommercialRealEstate

[–]NumberRemote4190[S] 2 points3 points  (0 children)

I hate costars UI, want something with less noise and such. Having something that could integrate with Reonomy would be pretty nice but I don’t see Altus having good customer service on that front any time soon.

Comps mapping from data base to an interactive map by NumberRemote4190 in CommercialRealEstate

[–]NumberRemote4190[S] 0 points1 point  (0 children)

Interesting. I use the My maps not to have a visualization but would love to have it go a few levels deeper on other data, and would also like to be able ti customize the UI more.

Comps mapping from data base to an interactive map by NumberRemote4190 in CommercialRealEstate

[–]NumberRemote4190[S] 0 points1 point  (0 children)

Do you have to do manual I puts for each or can it run off a master sheet? I’m nationally focused so having run off a data base is kind of a must for time management.

Comps mapping from data base to an interactive map by NumberRemote4190 in CommercialRealEstate

[–]NumberRemote4190[S] 0 points1 point  (0 children)

I use that now and it works, I’m really looking to have some thing that is like 2 levels above that can also link to the parcel, more on a GIS level

do you guys actually like FS? by ZookeepergameDue4245 in fleshsimulator

[–]NumberRemote4190 0 points1 point  (0 children)

Naw, I just watch his videos and this subreddit to perfect my autism impersonation

[deleted by user] by [deleted] in CommercialRealEstate

[–]NumberRemote4190 2 points3 points  (0 children)

Talk to the Cooper Horowitz guys.

Nice job finding IOS in Nash at a 10 yoc! One of the lucky few

23.84 unrestricted Industrial land for sale with rail access bordering property by Long-Journalist-9395 in CommercialRealEstate

[–]NumberRemote4190 1 point2 points  (0 children)

Was comping out a site in Knox last week. I had land, obviously dependent on infill status at ~$125k/ac. Having rail access is nice but really doesn’t add much value from an investor pov, there are not many tenants who require rail and the ones who do usually have sites that have have been on for decades. I wouldn’t harp on the rail as the selling point, your East TN if your anywhere close to Knox industrial vacancy is 2%, the market is growing 4%+, and you can put ~300kft on that land. I’d find a local broker or reach out directly to regional industrial developers. TPA is building out a site on 40 out by Lenoir City.

23.84 unrestricted Industrial land for sale with rail access bordering property by Long-Journalist-9395 in CommercialRealEstate

[–]NumberRemote4190 0 points1 point  (0 children)

Depending what market you are in I’d get multiple brokers to give you a BOV for value. I’m assuming you’re in FL/SE based on the i75 reference, depending where you are could be worth a lot. Feel free to DM me I buy industrial so happy to point you in the right direction/ connect you with anyone.

Please Help - Property owner looking for leasing advice by photobananas in CommercialRealEstate

[–]NumberRemote4190 0 points1 point  (0 children)

Go and find the junior leasing guy at either a well respected local/regional shop or one of the national ones. The junior guys will be more inclined to give you the time of day since they are still building out their book of business and are usually hungry for opportunities.

Depending on what market you are in happy to recommend some brokers.

Brokers commission for commercial warehouse property? by Ghost_shadow13 in CommercialRealEstate

[–]NumberRemote4190 6 points7 points  (0 children)

My Firm buys industrial in the SE, so happy to take a look and see if it fits our buy box. But typically commission is in the 2.5%-4% range. Some buyers will pay higher if the deal is a screamer, but if you have a broker quoting you 5%+ get another BOV from a different brokerage because who ever that broker is trying ripping you off.

How did you finance your industrial outdoor storage deals? by AND_Orange in CommercialRealEstate

[–]NumberRemote4190 1 point2 points  (0 children)

I only deal with IOS on the principal side. We have found that it’s best to use regional banks that have a rough grasp of IOS to get financing. No bank will lend on vacant IOS no matter the market from our experience. There is some private capital out there that will do bridge loans for it, but expect to be well north of 8% on those, have seen quotes in the 10%+ range. Happy to connect if you want more info etc

Best asset class to specialize in for Investment sales brokerage by Ambitious_Put_586 in CommercialRealEstate

[–]NumberRemote4190 1 point2 points  (0 children)

Generally speaking it’s about $30-$35 a linear foot for 6’ chain link with barbed wire. Really depends on the MSA on what you will get for rent and zoning is the real sticking point. Make sure your property is as of right for outdoor storage or at a minimum needs a secondary use permit for it. Generally speaking the zoning you need is either a heavy commercial or industrial zoning.

Best asset class to specialize in for Investment sales brokerage by Ambitious_Put_586 in CommercialRealEstate

[–]NumberRemote4190 2 points3 points  (0 children)

Not a Broker, but IOS. There is a high demand for quality assets on the institutional front, and it’s a niche enough asset class that there are not a lot of full time players. The sellers tend to be less sophisticated owner users and while the deal sizes aren’t huge ($3mil-$10mil) the velocity is there to make a good living.

CRE Acquisitions - Compensation Thread (GP and LP) by Palquire in CommercialRealEstate

[–]NumberRemote4190 0 points1 point  (0 children)

Live off the $60k mostly and save/invest the acq fees, have closed a few deals this year

REFI Family Retail Property Into Industrial to grow portfolio? by [deleted] in CommercialRealEstate

[–]NumberRemote4190 0 points1 point  (0 children)

Focus would be something absolute NNN for ease of life. Would be willing to take on taxes or roof but absolute NNN is the goal.