Explore Lynchburg, VA
By Christopher Shearer, Commercial Real Estate
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On Commercial Real Estate Investments here is how we calculate Rent Per Unit & Per Square Feet of Improvements Apartments: 100 Apartment Units, 750 Sq.Ft. Unit with Rent of $800 per Unit per Month  100 Units X 750 Sq.Ft. = 75,000 Sq.Ft.$800 Rent X 100 Units = $80,000 X 12 Months = $960,000 When a...
By Christopher Shearer, Commercial Real Estate
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According to ICSC Redevelopment is the new development in retail real estate, as landlords renovate and rehabilitate existing assets rather than building new ones, said speakers at ICSC’s NOI+ Asset Management Conference this week in Washington. Rockville, Md.–based Federal Realty Investment Trus...
By Christopher Shearer, Commercial Real Estate
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Financial Indicators For Commercial Income Properties: Gross Rent Multiplier (GRM) Price of the Property Divided by the Gross Potential Income (GPI) PRICE ÷ GPI = GRM What Does This DOWN & DIRTY INDICATOR Tell You ??? For Apartments: 3.5X to 4.5X = Low Income Property 4.5X to 6.5X = Median Income...
By Christopher Shearer, Commercial Real Estate
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Commercial Real Estate has Financial Indicators that are generally used in determining the value of Real Estate… “What Is It Worth” Financial Indicators: SUMMARY OF CALCULATIONS  Price Per SqFt: Price ÷ SqFt  Price Per Apartment Unit: Price ÷ # of Units  Gross Rent Multiplier: Price ÷ Gross Poten...
By Christopher Shearer, Commercial Real Estate
Comments 2
Mortgage rates remained steady last week with Retail Sales coming in lower than expected. This will be an interesting week with the Federal Reserve meeting scheduled to decide whether or not to begin the expected bond tapering. The markets celebrated Larry Summers taking his name out of the runni...
By Christopher Shearer, Commercial Real Estate
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Senior housing investment sales, which have been slowly creeping up this year, could see a big boost in activity in the near future. Investors in the sector see senior living assets continuing to benefit from the ongoing recovery in housing, which is making it easier for older owners to sell thei...
By Christopher Shearer, Commercial Real Estate
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WASHINGTON, D.C. — In a win for big-box retailers looking to expand in the District of Columbia, Mayor Vincent Gray has vetoed the controversial Large Retailer Accountability Act. The city council voted in July to pass the act, which would have imposed a $12.50 hourly living wage on businesses th...
By Christopher Shearer, Commercial Real Estate
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COMMERCIAL REAL ESTATE INVESTMENT FUNDAMENTALS NOI is also used to calculate the value of a property. The value is often expressed through the Capitalization Rate (Cap Rate). The Cap Rate expresses the relationship between NOI and value (price). The relationship between NOI and Cap Rate is an inv...
By Christopher Shearer, Commercial Real Estate
Comments 2
Cap Rate, which is a very commonly used measurement and comparison tool, reflects a one-year relationship between Net Operating Income (NOI), and price (or value). NOI, which is a very key figure in investment analysis of all types, is defined as rents received from all sources, minus owner-paid ...
By Christopher Shearer, Commercial Real Estate
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Investment analysis information is critical in assisting the investor in their decision whether to buy a particular investment, and if so, at what price. Investment analysis provides vitally important tools for assisting investors in evaluating various investment alternatives. The Internet and th...
By Christopher Shearer, Commercial Real Estate
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Keller Williams Realty Lynchburg is Upgrading Associates to Google Apps for Business Agents to receive new productivity tools at no additional cost   LYNCHBURG, VA (July 1, 2013) - Keller Williams Realty, the largest real estate franchise company in the United States, announced today that it is ...
By Christopher Shearer, Commercial Real Estate
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Keller Williams Realty Ranked Highest in Customer Satisfaction Among Home Buyer and Seller Segments by J.D. Power and Associates   LYNCHBURG, VIRGINIA — According to the J.D. Power and Associates 2012 Home Buyer/Seller Satisfaction StudySM released earlier this month, Keller Williams Realty, Inc....
By Christopher Shearer, Commercial Real Estate
Comments 1
BUYING A HOME MADE EASY - LYNCHBURG TIPS The very best and most enjoyable reason to purchase real estate in Lynchburg by far is in buying a property in which your family will live and grow together. There is a lot of fun involved in finding the perfect place for you and your family to call home. ...
By Christopher Shearer, Commercial Real Estate
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Search Lynchburg MLS Listings and find homes for sale and rent as well as commercial real estate listings, covers Lynchburg and the surrounding counties of Amherst, Campbell, Appomattox and Bedford Counties. You can save searches for listings as well as get all the school ratings and neighborhood...
By Christopher Shearer, Commercial Real Estate
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Returning College Students Boosting Lynchburg Economy   Lynchburg, VA - Some area colleges are already back in session, and others will be soon. Local businesses say they are thrilled to have their shops filled. Parts of Wards are normally busy anyway. Now, the students have really kicked it up a...
By Christopher Shearer, Commercial Real Estate
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Lynchburg Councilman:  "thuggish people" to describe African Americans    Lynchburg, VA - Lynchburg City Councilman H. Cary said something that has shocked a lot of people; but at the same time, Cary is receiving some support. We told you at a work session last week Cary used the term "thuggish ...
By Christopher Shearer, Commercial Real Estate
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What do you think about the changes in MLS listings on Realtor.com? Now that the dust has settled after the National Association of Realtors board of directors approved changes to the operating agreement for its official website, realtor.com, many Realtors worry the changes will lead to a dilutio...
By Christopher Shearer, Commercial Real Estate
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This guide to buying commerical real estate in Lynchburg, Virginia is not intended to be a complete list of all things relevant to the purchase of Lynchburg real estate and should not be deemed a substitute for  professional advice from a Lynchburg commercial real estate agent. You should conduct...
By Christopher Shearer, Commercial Real Estate
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7 mistakes to avoid when selling a home in Lynchburg Va MLS 7 mistakes to avoid when selling your home in the MLS in Lynchburg Va. If you can avoid making the following seller mistakes, you should find a qualified buyer without too much trouble.  Tip: Research Lynchurg comparable home sales, perc...
By Christopher Shearer, Commercial Real Estate
Comments 1
Lynchburg School District Ratings and Test Scores, Surprising Results! Lynchburg City Schools district-wide test scores are listted below, compare schools here.  Lynchburg school district offers educational services to more than 8,000 students enrolled in preschool through adult classes in two hi...

Lynchburg, VA Real Estate Professionals