Comal County Commercial Real Estate For Sale | Commercial Property (2023)

FAQs

Which website is best for commercial real estate? ›

Properties that are capable of bringing in the highest return on investments are typically those with the highest number of tenants. These commercial real estate properties can include multifamily projects, student housing, office space, self storage facilities, and mixed use buildings.

And, while it is an enticing convenience to live and work from the same space, most commercial buildings are not zoned for residential use, and living in these spaces can carry consequences, such as eviction; however, mixed-use properties are becoming more common in the metropolitan areas of Texas.

LoopNet is one of the most recognized CRE search engines. For those more involved in multi family or residential real estate, LoopNet is often considered the Zillow of commercial real estate.

Yes, commercial property can be a very good investment because overall returns can be higher than those associated with investing in residential properties.

Single-tenant, single-use buildings like an auto dealership are the highest-risk commercial property investment. If the dealership goes out, you have 100% vacancy. And what other type of tenant could you find to occupy that space?

Commercial real estate investments can earn money through income or appreciation. Income is produced through the operation of the building, often through tenants making rental payments, while appreciation is earned through an increase in the property's value over time.

But when you're talking about going into seven figures in commercial real estate, there are only three tried-and-true roles where you can create real wealth: investor, developer and broker. Successful investors in real estate can build wealth through long-term ownership and consistently building their portfolios.

A property with five or more units is considered as a commercial property.

Can a residential realtor sell commercial property in Texas? ›

Yes—a licensed real estate agent can sell any type of property they'd like, including commercial and residential. Even if you choose to specialize in residential real estate, you can later try selling commercial real estate as well.

If you're caught living in a rented commercial property, you will either be warned or evicted, depending on your landlord.

Industrial and multifamily properties continue to perform well, and investors should keep an eye on climbing interest rates. Despite rising interest rates—with the potential for more hikes in the coming months—commercial real estate has seen success in 2022.

Like residential property, Stamp Duty Land Tax is payable on the purchase of commercial property, this is due within 14 days of the sale completing.

A good return on investment for commercial properties falls between 5% and 12%. While this is an average figure, it should be noted that a 'good' return is based on conditions such as property type and the local market.

In commercial real estate, a capitalization rate (“cap rate”) is a formula used to estimate the potential return an investor will make on a property. The cap rate is expressed as a percentage, usually somewhere between 3% and 20%.

Reviewers felt that Crexi meets the needs of their business better than LoopNet. When comparing quality of ongoing product support, reviewers felt that Crexi is the preferred option. For feature updates and roadmaps, our reviewers preferred the direction of Crexi over LoopNet.

Commercial property has enjoyed its biggest month-on month hike in worth of the year, with a 1.1% increase in May. Added to April's rise of 0.8%, values have gone up for 13 months in a row and are 8.5% above where they were at the start of that period.

Do commercial properties go up in value? ›

Commercial property is often seen as a long-term investment, usually with year-on-year growth in both rental and capital appreciation.

The high cost of entry and ongoing maintenance.

Buying commercial property is often much more expensive than buying residential property, on top of that commercial property investment requires higher deposits as a direct result of lower loan to value ratio constraints, and higher interest rates for commercial lending.

Interest Rates

More money flows into capital improvements and commercial real estate because of higher yields and rising property values. Conversely, when interest rates rise, property values go down due to declining yields from the higher cost of financing.

How much does a Commercial Real Estate Agent make in Texas? The average Commercial Real Estate Agent salary in Texas is $103,693 as of November 23, 2022, but the range typically falls between $86,625 and $115,699.

One of the best ways to make money from commercial property is to charge the users for additional services that you provide. For example, you may lease the office building you own to a tenant but retain control of the parking lot, generating an additional income stream when employees and clients need to park.

The average Commercial Real Estate Broker in Los Angeles, CA makes $195,986, 32% below the national average Commercial Real Estate Broker salary of $286,601. This pay is 51% lower than the combined average salaries of other metros Austin, TX, San Francisco, CA and Washington, DC.

Researchers looked at listing prices, sales prices and the time properties spent on the market before the sale was completed. In general, the research found that the agents who were rated more attractive had listings with higher prices and larger commissions, which comes from higher sales prices for attractive agents.

Is commercial real estate investment profitable? A. It is one of the best ways to grow your money. Commercial properties can garner superlative returns and significant monthly rental income in areas where there is a limitation on new construction by the availability of land or law.

What should be the rent of a commercial property? ›

Rent = (Usable sq ft x usable sq ft rate each month) + (Common area x the rates per month for this type of area). Suppose the usable area stands at 100 sq ft with a common area of 50 sq ft. If the rent is Rs 150 per sq ft for the usable area and Rs 50 per sq ft for the common area every month.

The gross living area (GLA) of a home refers to the above-grade, finished living space. Garages and basements—any part below grade and however well finished—do not count toward the GLA.

Except as provided by Subsection (b), the maximum number of adults that a landlord may allow to occupy a dwelling is three times the number of bedrooms in the dwelling.

For the buyer, closing costs are generally between 3 and 5% of the cost of the property.

In Texas, you can fire your listing agent by filling out and signing form TAR 1410, Termination of Listing. This form has the same structure as the TAR 1503 form. In this form, you declare that you have no current negotiations pending or contemplated with anyone for the sale, lease, or exchange of the property.

You have to buy only residential property to save tax on capital gains arising out of sale of any other property. Means you cannot buy land or commercial property to save capital gains tax. You can hold only one more property other than the new residential property when claiming under section 54F.

Loan tenure- The maximum loan tenure for commercial properties is usually restricted to 10 years while the loan tenure offered for residential properties can go up to 25-30 years.

Can you buy a commercial property before you complete your HDB MOP? Apparently yes. Most of us know that when we buy a BTO or HDB resale flat, we are required to stay a minimum of 5 years as part of the Minimum Occupation Period (MOP), before we can invest in a 2nd residential property.

Yes, individual can purchase commercial/industrial property.

According to multiple forecasts and reports, 2022 looks very promising for the real estate sector at large, with residential as well as commercial sectors having the potential to perform well.

What will commercial interest rates be in 2022? ›

In November 2022, the Fed raised interest rates for the fourth consecutive time by 75 basis points. The target federal funds range is now 3.75% to 4%. The Fed anticipates more increases into 2023.

How to save capital gain tax from sale of commercial property. You can either invest the proceeds in residential property or in capital gain bonds of specified institutions and claim exemption under Section 54EC.

Capital Gains Tax (CGT)

What you'll pay in CGT will depend on your personal income tax rate. Basic rate taxpayers will pay 10% on commercial property, with 20% being levied on higher rate taxpayers.

The 2% rule states that the monthly rent for an investment property should be equal to or no less than 2% of the purchase price. Here's an example of the 2% rule for a home with the purchase price of $150,000: $150,000 x 0.02 = $3,000.

The 70% rule helps home flippers determine the maximum price they should pay for an investment property. Basically, they should spend no more than 70% of the home's after-repair value minus the costs of renovating the property.

There is a consensus amongst investors that a cash on cash return between 8 to 12 percent indicates a worthwhile investment. Others argue that in some markets, even 5 to 7 percent is acceptable.

Zillow is the largest real estate website in the United States, ranked by visitor traffic. In the last year, Zillow averaged 68 million monthly visitors.

LOOPNET IS PART OF COSTAR GROUP, THE GLOBAL LEADER IN COMMERCIAL REAL ESTATE. CoStar Group is the global leader in helping you navigate the digital world of commercial real estate.

What's the difference between CoStar and LoopNet? ›

Costar focuses on helping users research properties and understand market conditions, while LoopNet's main purpose is to assist in the listing, marketing, and selling of properties.

Realtor.com is arguably the most accurate real estate listing platform today. It is affiliated with over 580 regularly updated MLS databases across the U.S. Realtor.com also operates in more regions than Zillow and Redfin simply because it's been around for longer, that is since 1996.

Redfin's home value estimator is more accurate than Zillow's when it comes to pinpointing the sales price. According to Redfin, its estimates are approximately 74% accurate within 5% of the sales price for listed homes. By comparison, Zillow is only 67% accurate within 5% of the sale price for listed homes.

Lease agreements run for multiple years (sometimes as many as 10 years) and rental payments from tenants are usually much higher than mortgage repayments owed to a bank. Yields from commercial property can be anywhere from 5% to 10%. Meanwhile, residential property is known for yields between about 1% and 3%.

The Income Approach

Also referred to as the Income Capitalization Approach, this tactic is the one most commonly used in commercial real estate transactions. The value is established here by estimating the property's income using the capitalization rate (commonly referred to as merely the cap rate).

Luckily, you can invest through crowdfunding companies or REITS and take advantage of this potentially lucrative market for far less money and time. And if you're interested in commercial real estate, but don't have the capital to invest, you could consider a service like Hometap.

A personal website is an essential tool for marketing a real estate agent's brand rather than their firm's identity. It can help agents increase brand awareness and attract more quality leads—people who want to do business specifically with them.

The LoopNet app is free to download and use. You can also contact a listing broker for free from the app.