Archive for 26th June 2019
SOLD- Hugo Fireworks
H.B. Springs Co. Commercial Real Estate welcomes Detrick’s Car Wash to their new Conway, SC location. Situated on US 501 at the former Hugo Fireworks retail outlet and adjacent to Conway National Bank, the 1.74 acre site provides tremendous visibility and access. Opposite Wal-Mart super center, high traffic counts assure Detrick’s success. Detrick’s has…
Read MoreUnderstanding Land Entitlement
People purchase land for many reasons but in majority of cases one factor stays the same: their intent is to develop it. This is where land entitlement comes into play, a process required prior to being able to develop land. What is land entitlement, why is it important and what key role does it play…
Read MoreDetermining The Value of Your Property
When investing in commercial real estate, it will be important for you to know how to check a property’s performance. This will give you a good idea whether or not this investment is the right one for you. It’s important to keep in mind that performance is all relative. Different factors come into play which…
Read MoreYour Guide To The Gross Development Value
What exactly is the Gross Development Value or GDV? To start, it’s a very important valuation metric that to a property developer or investor. As a highly beneficial tool to starting a project or building a financial appraisal, the GDV will show you if a profit has, or will, be made by the project and…
Read MoreWhy Digital Imaging Is Beneficial
The use of virtual technology is becoming more and more popular as people are beginning to see positive results. The same is to be said for the commercial real estate world. Taking advantage of virtual design and digital renderings offer more than just a typical image. A digital rendering can help provide a much more…
Read MoreTypes of Commercial Leases
When it comes to commercial real estate you will find there are three different types: gross lease, net lease, and modified gross lease. Each lease is different and are appropriate for various situations. You will find though, that each lease is similar in that they provide base rents with variations around who is paying for…
Read MoreHow To Sell Your Commercial Property
So, you’ve decided to sell that piece of property once and for all. In a vast market, it’s important to make your property stand out amongst all the others. Check out these tips on how to not only quickly sell, but for that price you want! The physical appearance of your property is the first…
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