Commercial Real Estate in Montgomery County

Bobek Realty Group Commercial

Welcome to Bobek Realty Group Commercial, I’m O.J. Bobek and whether you’re looking to purchase, sell, or lease any commercial property, you can trust that my knowledge and understanding of Texas real estate will help you get the best possible deal. I have years of experience on both sides of the closing table and I take an individual approach to each purchase, sale, or lease I negotiate…

Featured Property

Details

28103 FM 2978 MAGNOLIA
Price: $319,000
Type: Land
Lot Squarefeet: 44

Commercial Real-Estate Information

The obvious difference between commercial real estate and its residential counterpart is the type of properties being purchased. Residential refers to homes, whereas commercial real estate involves buying, selling, and leasing land or buildings. It is also worth noting that the commercial side of things is often divided into the following four sections:

• Retail: Shopping centers, hotels and medical centers.
• Industrial: Garages, warehouses and land that is used for the purposes of industry.
• Multifamily: Apartments, condos and other buildings that house a large number of families.
• Office: Multi-unit office buildings.

Important Information about Commercial Real Estate

When looking at suitable commercial properties, you should be aware of zoning since this practice limits the type of activity that can take place on the site. It is necessary to have a team around you to successfully complete the transaction. For instance, a Bobek Commercial agent offering commercial real estate in Montgomery County will handle the listing and showing of the properties and communicate with all brokers involved in the deal.

Many commercial properties come with machinery and fixtures and it is the broker's job to determine their value, plus factor this additional material into the overall purchase price. The real estate agent must ensure that there are copies of business records available for future buyers to view upon request.

Marketing & Closing

There is little difference between residential and commercial real estate brokers when it comes to marketing. The days of the 'open house' are coming to an end with virtual tours, the preferred method of viewing a listing as time-poor customers relish the opportunity to look at the property without being forced to take time away from their business.

Typically a third party, such as an escrow firm, is responsible for closing the deal as documents are signed by all parties. This third party handles the financial side of things whereas the title company must finalize the documentation and pay the closing costs.

The Future of Commercial Real Estate

There is no doubt that investing in commercial real estate in Montgomery County is a financial risk, but where there is no risk, there is seldom a reward. The property market in the United States took a huge hit a few years ago but we believe the slump is steadily coming to an end. A recent report stated that the nation's real estate market will see a recovery in 2013 as experts in the industry spoke positively about increased demand. Now may be the perfect time to enter the industry and if you need assistance, don't hesitate to contact Bobek Realty Group!