What Is Commercial Real Estate, Anyway?
Commercial property denotes real estate such as restaurants, shoe stores, office buildings, etc., designed for and in areas zoned for business. Generally speaking, the goal is to generate an income stream from owning the property and make a profit when it’s sold. Apartment buildings and skyscrapers, retail stores and the shopping malls that support them, and manufacturing and warehouse spaces are examples of commercial real estate.
The CREM Group represents residential properties and commercial properties. We provide commercial services to support commercial properties, primarily in Southern California’s Los Angeles and Orange Counties. We know the difference between residential and commercial buildings or plots of land designated as industrial property, which affects how the property can be financed and how taxes and other laws are applied.
Investing in Commercial Properties
Probate homes and probate commercial properties are two different animals. Commercial properties can be part of Grandma and Grandpa’s estate as well, and they will still go through the probate process. Your grandparents or parents might have owned apartment buildings or a block or two of downtown office buildings. You never know.
It was scary to think of buying a commercial property during Covid! Nonetheless, a visionary land developer could purchase undeveloped commercial real estate languishing in probate. By the time the probate process was over, some investors had the property ready to go when the pandemic ended and made a good profit from the investment. It took guts, but some of our clients made out quite well.
Commercial Properties Offer Bigger Risks, Bigger Returns
An industrial building’s primary investment costs and the expenses associated with customization for tenants are much higher than the equivalent residential real estate costs. The CREM Group is well- equipped to help our commercial clients with these decisions.
Our bywords are Quality and Trust. We can handle large and small commercial real estate transactions with our team of experts that we have collected over many years to help private, corporate, and institutional investors realize their objectives.
By infusing progressive professionalism into each commercial real estate transaction, we deliver quality and trust whether it’s leasing or sales, retail or restaurant, office or industrial, tenant or landlord. We shun “the one size fits all” mentality regarding representation, which is why our focal points include individualized and value-centric approaches to accomplish every goal for our clients with competency and creativity.
Special Services for Special Clients
A commercial investor in various properties will look at the financials to see if there is income potential. Residential property investors often require some of the same services as commercial property clients. With The CREM Group, it’s all under one roof, and we’ll be happy to help you. The CREM Group does it all. Please see our Commercial Services Page for information on the following:
- COMMERCIAL SALES & ACQUISITIONS
- Market Research and Reporting
- Structured Cash Flow Analysis and Financial Modeling
- PR and Sales Strategy Development
- Targeted Digital, Direct and Print Marketing
- Transaction Due Diligence and Contract Negotiations
- Property Repositioning
- LANDLORD REPRESENTATION
Our ultimate goal: enhancing the investment’s value through strategic and comprehensive expertise.
- PROFESSIONAL MANAGEMENT SERVICES
We recognize how to maximize the real estate’s assets with the synergism of operational efficiencies, comprehensive oversight, four–corner tenant relations, and in-depth financial forecasting.
Our real estate agents specialize in probate for homes, residential investment properties, and commercial real estate. Our team has overseen the moves of top restaurateurs, retail, and creative local businesses throughout LA and Orange County.
Here’s What You Do
Covid-19 has hurt many businesses, but these days, commercial probate and trust properties are selling well in many of our markets. It’s an excellent time to learn about the advantages of probate commercial properties. Knowledge reduces risk.
It means you should only play in this arena if you’re willing to do your homework and keep current with trends and markets. And it’s always wise to use professional real estate agents with a good track record and experience in the marketing area (like The CREM Group). Check with reliable, professional probate real estate agents to help you make sound commercial real estate business decisions. There’s money to be made.
Our experienced probate realtors can guide you, and this might be a perfect time to purchase commercial real estate waiting to clear probate.
As always, contact us by email here if you have any questions about commercial real estate, probate real estate, trust real estate, and conservatorship real estate, especially in Los Angeles and Orange Counties in California.
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DISCLAIMER: This content is meant purely for educational purposes. It contains only general information about real estate and legal matters. It is NOT legal advice and should not be treated as such. We recommend consulting a legal or tax professional before acting on any material, opinion, or point of view described herein.