San Jose California Commercial Property Sales Package

State:
California
City:
San Jose
Control #:
CA-P021-PKG
Format:
Word; 
Rich Text
Instant download

Description

With this Commercial Property Sales Package, you will find many of the forms that are part of closing a commercial real estate transaction.


Included in your package are the following forms:


1. A Contract for the Sale and Purchase of a Commercial Lot or Land without a Broker;


2. A Option for the Sale and Purchase of a Commercial Building;


3. A Option for the Sale and Purchase of a Commercial Lot or Land;


4. An Addendum for Environmental Assessment of Threatened or Endangered Species or Wetlands;


5. An Addendum for Continued Marketing of Property by Seller due to Contingencies;


6. An Exchange Addendum to Contract for Tax Free Exchange under Section 1031;


7. A Tax Free Exchange Agreement pursuant to Section 1031; and


8. A Fixed Rate Promissory Note Secured by Commercial Real Estate.


Purchase this package and save up to 30% over purchasing the forms separately!

The San Jose California Commercial Property Sales Package refers to a comprehensive collection of documents and information that are crucial for facilitating the sale of commercial properties in the city of San Jose, California. This package is specifically designed to provide potential buyers, sellers, real estate agents, and financial institutions with all the necessary details and data for making informed decisions throughout the sales process. The San Jose California Commercial Property Sales Package typically includes a wide range of essential documents such as purchase agreements, property inspection reports, title deeds, zoning information, financial statements, lease agreements, environmental assessments, and any other relevant legal documentation. These documents aim to ensure transparency and clarity for both parties involved in the transaction. Furthermore, the package might include various reports and analyses related to the commercial property, such as market trends, competitive analysis, property valuation, and the potential return on investment. This data assists buyers and investors in assessing the property's viability and financial prospects, enabling them to make informed decisions. Additionally, the San Jose California Commercial Property Sales Package could encompass different types of commercial properties, depending on their intended use or classification. Some types that might be included are office buildings, retail spaces, industrial warehouses, medical facilities, hotels and hospitality properties, multi-family residential complexes, and vacant land for development. Each type of property within the sales package might have its own specialized documentation requirements, based on the specific regulations and legal considerations associated with that particular category. This ensures that potential buyers have a complete and accurate understanding of the property's characteristics, potential risks, and benefits. In conclusion, the San Jose California Commercial Property Sales Package is an essential tool in facilitating the sale of commercial properties in San Jose. Its comprehensive collection of documents, reports, and analyses provides all parties involved in the transaction with the necessary information to navigate the sales process successfully. With different types of properties covered within the package, interested buyers can confidently assess each property's potential for investment or business purposes.

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FAQ

Net Operating Income To determine the NOI of a property add all sources of revenue (rent, leases, parking) then subtract all expenses (utilities, maintenance, taxes, but not mortgage) from that number. A property with a high NOI is the better investment.

Investors looking for a bargain price are likely to run into higher cap rates. This is also true for properties that need significant development or renovations. In these situations, higher cap rates between 8%-10% could be considered good.

MLS is short for Multiple Listing Service, which is a suite of services in which real estate brokers utilize to see one another's listings of properties for sale. MLS is typically used for the sale of residential properties, and while it can be used for the sale of commercial properties, many choose not to.

REALTORS® have spent millions of dollars to develop Multiple Listing Services (MLS) and other real estate technologies that make the transaction more efficient. An MLS is a private offer of cooperation and compensation by listing brokers to other real estate brokers.

As a buyer you can't get around zoning laws because you are legally bound to use the property as designated. However, if you are caught living in a commercial property you own, you will likely be fined and asked to either get a permit for the different use or remove the residential unit.

Four Keys to Sourcing Good Deal Flow in Commercial Real Estate Key #1: Relationships. Commercial real estate brokers are the gatekeepers for many deals.Key #2: Clear Investment Criteria.Key #3: A Methodical and Data Driven Approach.Key #4: Multiple Offers.Interested in Learning More.

The Multiple Listing Service® (MLS®), owned and operated by REALTORS®, is the most powerful real estate marketing system in the country. Housing market information originating from the MLS® has long been recognized as the most reliable and comprehensive data available for those looking to buy or sell a home.

6 Commercial Real Estate Valuation Methods Cost approach.Sales comparison approach.Income capitalization approach.Value per Gross Rent Multiplier.Value per door.Cost per rentable square foot.

How do you find good Commercial Property deals? 1 Local and national sales agents.2 Proactive Networking.3 Online search.4 Building personal profile on and off line.5 Auction listings.6 Sourcing agents.

The overall office vacancy rate on the San Jose market was 14.46% in 2020....2020 Office Vacancy Rates in San Jose. SubmarketAsking RentsVacancy RatesSan Jose - CBD$69.5718.02%San Jose - West Valley$65.0313.18%San Jose - Alviso$49.1520.34%5 more rows

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San Jose California Commercial Property Sales Package