Forget Distance to Trader Joe's * Distance to AMAZON

By
Property Manager with Gibson Management Group, Ltd.

I recently read where homes close to Trader Joe's are more desirable and sell FASTER and for HIGHER prices.....good for them!

 

IMHO * the REAL value relative to distance is from an AMAZON Fullfillment Center.

 

While reading an article on how Amazon is going to start delivering their own goods with their own AMAZON branded trucks between their warehouses, I checked the actual number of Amazon Fullfillment Centers around the country and an interesting pop-up appeared when I checked out Virginia.  I knew we had at least 1 fulfillment center only to find that we have 3 and on the page for recruiting employees, they give the average weather AND average home prices.

 

 

 

 

 

So now the question is going to be how much do property values increase in proximity to an Amazon facility?  Where Trader Joe's may hire 60 to 100 for each of their stores, Amazon facilities hire 1500 to 2000 which means more demand for housing from their employees....so this may be where real estate professionals need to re-direct their ad dollars....head on over to Amazon! 

 

Amazon Buying Trucks is Boring but Absolutely Necessary

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Rainmaker
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Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Very interesting Wallace S. Gibson, CPM when you started to talk about Amazon delivery I was thinking drones and that you needed to live within a certain distance of what a drone can fly. My little drone has a 12 minute battery life so the center would have to be almost next door.

Dec 05, 2015 07:02 AM #1
Rainmaker
651,197
Bill Reddington
Re/max Southern Realty - Destin, FL
Destin Florida Real Estate

Don't think this is an issue in my area. Wish we had a Trader Joes. I think here it is the Beaches and the Emerald Coast.

Dec 05, 2015 07:25 AM #2
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Wallace- we have a Trader Joe's about 10 minutes from us.  I don't go there that often but Amazon.... now you're talking. 

Dec 05, 2015 08:07 AM #3
Rainmaker
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Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Wallace - This is very interesting information. I also heard homes near Starbucks have a greater value. Have you seen the Amazon video where the drone delivers a package to a residence? Check it out on this link. It is amazing.

Dec 05, 2015 12:37 PM #4
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TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Sunday morning Wallace. I did not know that that really mattered. We do have an Amazon fulfillment center here in Nashville. Most the stuff I get the next day.

Dec 05, 2015 05:46 PM #5
Rainer
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Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Wallace.  Nice to see you in the Rain.  Did you see where Amazon is going to use drones to deliver their products?

Dec 05, 2015 08:14 PM #6
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Wallace, silly me!  I think that being close to Trader Joe's increases a home's value because of the benefits of shopping there!  Never thought of it in terms of job creation.  By the way, is that an Amazon Fulfillment Center along the Greenway to Leesburg?

Dec 06, 2015 11:28 PM #8
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Wallace S. Gibson, CPM

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