When developing land in the Raleigh area, it is important to understand certain things about permits and zoning. Part of the process of developing land includes seeking approvals for your plans from local regulatory agencies and the community. It is no small fete getting entitlement accomplished! The process can take anywhere from three months to a year […]
Commercial buildings are classified in order to give owners and potential buyers some standard to gauge market value. These building classifications will more than likely be different in various sub-markets, but for the general Raleigh area, here’s a look at each category and some idea of what requirements are needed in each. One caveat – […]
Are you just getting starting in real estate investing? There are many complex subtleties that make it very different than other types of investing. However, when done correctly, this type of investment can yield a much greater return on your hard-earned money. Of course, the ultimate goal of any investment is to minimize your risk […]
When a buyer or company decides to purchase a piece of property to develop for commercial use, they will usually have an Environmental Site Assessment (ESA) completed before taking out a loan. An ESA is a study established by the American Society for Testing and Materials (ASTM) to evaluate land and identify any potential contaminants […]
Purchasing commercial property for any use can become a nightmare if done improperly. To help buyers avoid undue costs and time commitments, Craft Commercial has created the top 5 things to be aware of when purchasing commercial property. 1. Land Requirements First and foremost, a buyer needs to consider how much land is needed to […]
Purchasing land in the Raleigh-Durham area for commercial development may be a more intricate process than you think. Before you decide to buy the land, keep the following costs and concerns in mind. If you have any questions about purchasing land, contact the experts at Craft Commercial for the answers you need. Concerns Regarding the Land Use Is the property you […]
Whether you are managing an office building or a warehouse, it’s crucial to not only keep up the building’s interior and exterior, but to keep up with all of the paperwork involved. Here is a brief checklist of all of the financial statements, deeds, licenses, and other documents that come with managing commercial real estate […]
When you’re applying for rezoning in the Greater Raleigh area, you must complete a list of steps that include a pre-application process, meeting with nearby property owners, and approval from the city or town. Follow this essential checklist for rezoning to keep track of your case. Pre-Submittal Concerns Pre-application process Complete a rezoning intake requirements […]
Before you purchase commercial property in the Raleigh-Durham area, you must carefully weigh legal, financial, construction, and aesthetic considerations. Using this Land Purchase Checklist will help you make the best decision. Questions to Ask About the Property As you are examining the land, keep these critical questions in mind concerning the property itself, the development potential, […]
Leasing or Purchasing Property When it comes to starting a business or changing locations, business owners are always faced with a choice. Do I lease or purchase the new property? Before you decide, consider the advantages and disadvantages to your business. Advantages to Leasing a Property No Initial Down Payment – Starting a business takes money and […]
