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Selling Commercial Real Estate? 24 Practical Techniques to BOOST YOUR ROI on 5 Different Property Types

Selling Commercial Real Estate | TipsWhen selling commercial real estate, the favorite phrase, “A little bit goes a long way,” holds much truth. Before listing and showing your property, there is a wide range of tasks that can, and should, be undertaken to increase the chances of a sale and boost the potential ROI.

A study performed by the Florida Nursery Growers and Landscape Association found that something as simple as landscaping has the potential to increase the resale value of a property by 14 percent. And, even more surprisingly, landscaping can also increase the time it takes to sell commercial property by as much as six weeks.

With some as straightforward as cleaning up, and others requiring an investment of a few thousand dollars, each recommendation is aimed to increase the profit on your commercial property. Below are 24 practical tips you can use to improve any of the five major types of commercial real estate.

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4 Effective Steps to Find Commercial Rental Properties for Sale

Find Commercial Rental Properties for SaleCommercial real estate investing is a big decision. No one ever said it was for the risk-averse; that’s for sure! Fortunately, commercial rental properties for sale typically offer a great return on investment over the long haul. You just need to know where to begin and how to find commercial space. Below, we’ve outlined four effective steps to uncover a profitable commercial rental property available on the market.

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How To Find & Lease Commercial Space for Rent in 2022 [Full Guide]

Find & Lease Commercial Space for RentWhat’s the worst kept secret this year? Well, it could be that commercial space for rent in Columbus, Ohio, is booming.

Why? Thanks to a confluence of factors, namely an influx of younger residents, robust institutions of higher learning, a fortuitous location smack dab within a few hours’ drive of the bulk of the U.S. population, and a lower cost of living as compared to the coasts. And, let’s not forget the acceleration of the e-commerce/digital economy transition, leaving many Americans flush with cash! So, why not consider a commercial space for lease or even invest in commercial space for sale? It is a hotter commodity now than in the Columbus Region’s recent past.

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Things to Know Before Searching Farms for Sale in Ohio [2022]

Searching Farms for Sale in Ohio

You’ve likely decided to research farms for sale in Ohio after understanding the vast opportunities in our great state. We’d like to share some fun facts, tips, and a wealth of resources that you’ll find helpful. Ohio’s agriculture and food production industry is a diverse sector that incorporates farming, processing, agrochemicals, seed supply, farming equipment, distribution and wholesale, retail sales, and marketing. The agriculture and food sector plays an important role in our economy, between the workers employed and profits made. Among the many wonderful attributes in regards to agriculture, below are some key points:

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8 Sustainability Trends Driving Commercial Real Estate for Earth Day 2022

Green Commercial Real Estate TrendsOver half a century ago, the United States inaugurated a special day, April 22, as Earth Day. As we prepare to commemorate the global phenomenon, The Robert Weiler Company is excited to announce that the green movement is alive and well in the commercial real estate industry.

What began in 1970 as a localized, American movement, is now celebrated by 197 countries. The goal is simple but profound: raise awareness regarding humanity’s impact on the global climate and how, collectively, we can affect positive change. Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building.

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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2022]

Special Purpose PropertyWith spring around the corner and signs of improvement for the pandemic, a feeling of rebirth is in the air across Ohio. But for up-and-coming neighborhoods with a special purpose property or unique properties for sale, the soon-to-be bloom time might as well be called boom time.

Something “special” is taking place in neighborhoods throughout the Columbus region. Just look towards Franklinton (just west of the Scioto River, subdivided into East and West), the Arena District, or once-downtrodden places like the Short North Arts District (running in a narrow strip along N. High Street from the convention center to 5th Avenue).

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How to Become a Columbus Property Manager… and Earn $103,256! [2022]

Columbus Property ManagerHere in Ohio, the number of certified property management professionals is increasing – and with good reason. The median annual salary for a Columbus property manager, for instance, is $103,256, according to Salary.com as of March 29, 2022. And that amount is not even including bonuses, commission, and benefits, as well as other factors that impact base pay. Now, also factor in great market access, the standard of living, and valuable tax climate; you can easily see why individuals seek out Columbus, Ohio as a place to start their property management career. Below is an overview of the full salary ranges as well as licensing and certification options to become a professional property manager. We hope this information can help you decide the path you want to take today!

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52 Tips to Negotiate an Office Space for Lease in Columbus, Ohio [2022]

Negotiate Office Space for Lease in Columbus, OhioAre you searching for office space for lease in Columbus, Ohio? The region certainly has a lot to choose from, providing you understand the best methods for your search for office space. Once you find that dream office, though, you have to rely on your preparations and negotiating strategies to get the best lease price and terms of the space. You’re likely here because you want to learn some tactics. The best thing you can do is strategize, research, learn, and ask plenty of questions; doing so will ensure that you have a good understanding of the lease and level the playing field when negotiating. This comprehensive guide, packed with 52 top tips, will help you fully prepare so you enter the negotiation with confidence.

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Celebrate Central Ohio Real Estate During Fair Housing Month [2022]

Central Ohio Real Estate | Fair HousingDid you know that all across the nation and in the Central Ohio real estate community, April is known as Fair Housing Month? A commitment to equal opportunity for every community, this year marks the 54th anniversary of the landmark celebration. Each year, we recognize the importance of this event and reconfirm our commitment to upholding fair housing laws through our property management services; we accomplish this through our commitment to offering equal CRE services to everyone throughout their commercial real estate journey.

As you look at prospective investors of residential and multifamily properties (as well as commercial properties), join us in taking fair housing in our great region seriously – not just this month, but every month. Learn more about Fair Housing and what you can do to get involved, below.

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What’s My Business Really Worth? 12 Q&A To Solving Your Business Valuation Mystery [2022]

Business Valuation | Questions and AnswersHave you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate commercial business valuation? Unfortunately, reality television shows aren’t the best platform for learning how to value a small business (or a company of any size). That’s why we surveyed our business valuation experts, captured the 12 most frequently asked questions, and provided answers that can offer the guidance you need.

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Why Industrial Space for Rent Is the Hottest CRE Sector in 2022

Industrial Space for RentAn Overview: What Is Industrial Space for Rent?

While not the most scenic part of any city, industrial space for rent powers the corporate infrastructure of America.

Before 1760, most Americans made their living farming and lived in widespread rural communities. The onset of the industrial revolution fundamentally changed the way that ordinary people interacted within society. With the emergence of factories, production efficiency, and mass manufacturing, industrial space for rent became the backbone that supports today’s modern cities. The great strides in production and manufacturing fostered our economic infrastructure, a system that provides more products with greater efficiency at lower prices.

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2022 Commercial Real Estate Trends: What’s Hot, What’s Not, and What to Watch

2022 Commercial Real Estate TrendsSometimes it seems as if crystal ball predictions are as much a Q1 tradition as an end-of-year seasonal cheer.

While it’s true that writing an outlook on the year ahead has become part of the ritual for many companies, such outlooks are, in fact, valuable. It is especially true if said previews are based in reality and not on the wish lists of what executives would like to see.

At The Robert Weiler Company, a full-service commercial real estate brokerage and appraisal firm since 1938, we’ve seen a lot of trends come, and a lot of trends go. And after nearly 85 years, some of those CRE trends have come back around again, reaffirming the adage that everything old really is new again.

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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide! [2022]

Commercial Property for Sale in Columbus, OhioAre you a newcomer to buying commercial property for sale in Columbus, Ohio? Welcome to our thriving community! Not only is our neighborhood home to some of the largest U.S. retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. As such, there is no better time than now to buy commercial real estate in Columbus, Ohio.

Now that we’ve piqued your interest in our fantastic city, it’s time to dive into commercial property investment. Regardless of whether this is your first purchase or tenth, investing in commercial properties for sale comes with a unique set of challenges. So, with that thought in mind, we’ve created a comprehensive guide listing the top 5 tips for beginners, as well as a due diligence checklist, along with a list of pitfalls to avoid during the process. Also, find out what benefits the tax bill brings to the commercial real estate industry, particularly for Ohio investors; these benefits might motivate you to make that buy decision quicker than you thought!

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Investors’ Guide to Mixed-Use Property for Sale: Understanding the Live-Work-Play Hybrid [2022]

Guide to Mixed-Use Property for SaleIt’s easy to be mixed-up about mixed-use property for sale! The sector offers a head-spinning amalgam of residential, commercial, hotel, and retail space; however, each piece harmonizes to form an immediate community. Not to mention that mixed-use properties are especially popular in our hometown of Columbus, Ohio, spread across the urban and suburban landscape.

Are you ready to mess around with mixed-use property for sale? First, as a prospective investor interested in the mixed-use real estate development concept, you must understand what is a mixed use property. It’s pertinent you also know the requirements of these unique community environments and the people inhabiting these structures. That’s why our in-depth review of mixed-use spaces will provide the insight to make a wise investment decision. Join us as we explore the benefits of investing in mixed-use properties, survey a cross-section of the different types of properties, scrutinize current trends in the market, and discover why mixed-use property for sale is such a good investment.

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What Is a Land Contract In Ohio? Full Guide [2022 Update]

What is a Land Contract in Ohio?In commercial real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a commercial land contract in Ohio, as well as the state-specific requirements? What is a commercial land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in:

  • Farmland or raw land
  • Multifamily housing
  • A commercial building
  • A home or condo

While a commercial land contract might be ideal for you, there are important details you need to know, first. So, what is a land contract agreement, and how does it work? Let us give you a lay of the land (pun intended)! Learn how you, the commercial real estate investor, can avoid the bank and make an agreement directly with the seller.

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Execute a Commercial Property for Lease in Columbus, Ohio: Key Points

Commercial Property for LeaseWhen executing commercial property for lease in Columbus, Ohio, landlords and tenants each have different perspectives and interests. Although no two leases are alike, typically, a core set of elements must be addressed. Before you lease commercial property, as a landlord, consider the following preparations and information that should be factored into any commercial space for lease. And if you’re looking for more information, our full guide on how to find and lease commercial space for rent is chock full of practical tips.

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3 CRE Development Projects from The Robert Weiler Company Help Propel the Columbus, Ohio Region

CRE Development ProjectsAs a commercial real estate brokerage in Columbus, Ohio, we know that our city’s population of 900,000 doesn’t rival the country’s major metropolitan areas. Our great urban jungle in the heart of the Midwest doesn’t even make the top 10.

But Columbus, Ohio’s modest city size belies the fact that when you include its suburban, exurban, and near-rural outer lands, it’s a thriving region of a much larger construct that’s as diverse and as intricate as any other larger city on the map. The greater Columbus, Ohio area is home to 2.1 million people, spread out over 4,797 square miles.

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Why Buy Commercial Real Estate? Deep Dive Into 6 Sought-After Property Types!

Why Buy Commercial Real Estate: 6 Property TypesWhen it comes to buying commercial real estate for sale – both across the US and here in Columbus, Ohio – the diversity of enterprises and sheer size of the industry can be staggering. In fact, according to the US Energy Information Administration, there are an estimated 5.9 million commercial buildings in the US for a total of 97 billion square feet. By comparison, an Olympic-sized pool contains 13,455 square feet. To match the girth of American commercial real estate, it would take 7.2 million pools to fit it all in.

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20 Awesomely Functional Gifts for Real Estate Investors

Gifts for Real Estate Investors‘Tis the season to be stumped! Coming up with ideas for the perfect gifts to surprise that special person each year can be an unnerving task. And, if you have a real estate investor in your life, the gift-finding pursuit can be quite a challenge. Investors are often adventurous, organized, go-getters, and have an entrepreneurial spirit. Give the mundane gift basket to your favorite corner shop, and instead, find gifts best-suited for property investors.

Luckily, your serendipitous muses at The Robert Weiler Company are here to offer some awesome, functional, and fun gift ideas for your favorite real estate investor – whether they’re into residential homes, commercial buildings, or anything in between!

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6 Tips When Buying Commercial Land for Sale in Columbus, Ohio

Commercial Land for Sale in Columbus, Ohio

Just as farmers select the types of crops to grow and where to locate them, buying commercial land for sale in Columbus, Ohio requires similar forethought. Because a property looks great doesn’t mean all legal entanglements have been resolved, or there aren’t unforeseen challenges. In short, don’t let the fervor of early spring and the exhilaration of a new beginning blind you to property shortcomings.

Since 1830, the U.S. Census Bureau has never recorded a Columbus, Ohio population decrease. And for the last 30 years, the city has achieved double-digit population gains – a hard feat in the urbanized and industrialized Midwest. That means vacant downtown Columbus real estate is rare. But it also means suburban and rural areas are waiting to be discovered, improved, and purchased! Take the following four tips into consideration before you begin searching for commercial land.

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