Found 3 blog entries tagged as commercial development.

Are Commercial Real Estate Values Going Up or Down?

Are Commercial Values Going Up or Down

It’s hard to go very long without hearing a financial talking head predict the next real estate crash. Whether it’s vacant office buildings in major cities, retailers closing stores, or concerns about interest rates, attention-grabbing headlines often leave commercial property owners wondering: “Is the value of my property going up or down?”

During my 53 years in the real estate business, I’ve seen several major market cycles. Historically, significant declines in Florida commercial real estate values have usually been caused by events outside our local market. The oil embargo of the 1970s, the Savings & Loan crisis of the 1980s, and the Great Recession of 2007-2009 are just a few examples. The…

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Building A Commercial Project

Thinking About Building a Commercial Project?

Developing a commercial project—whether retail, industrial, office, or multifamily—comes with many moving parts. Before anyone puts a shovel in the ground, there are numerous factors that need to be carefully evaluated. Zoning, setback requirements, utility availability and capacity, traffic studies, fill requirements, and construction costs are just a few of the items that can influence whether a project ultimately succeeds or struggles.

In my opinion, however, one of the most important considerations is understanding the market.

Over my 50+ years in the Southwest Florida real estate industry, I have seen many projects where developers had great plans and built impressive buildings, but…

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Loyd Robbins Standing by Sign

What’s My Land Worth?

That is a question I hear all the time from landowners: “What’s my land worth?”

Early in my career in Southwest Florida real estate, I was quick to answer. I would say, “your land is worth so much per unit for residential, or so much per square foot for commercial or industrial land.” I am not sure if times were simpler back then, or if I simply did not yet understand all the pieces of the puzzle that go into evaluating vacant land.

After more than 50 years in the business, my answer has changed to:” without a lot of research, I really do not know what your land is worth.”

As Southwest Florida has grown from sleepy seasonal towns into large, year-round communities, the cost and complexity of development have grown…

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