Burt M. Polson - Commercial Real Estate Broker

Guiding you through the real estate part of your life™

Commercial Sales, Leasing, and Consulting

Private Equity Real Estate Funds

Filtering by Tag: government

Location, location, location is wrong, wrong, wrong

How many times have you hear the most important attribute in real estate is location, location, location? In my opinion, location is not the most important aspect, but rather what you can do with the real estate.

We all have a silent partner in every piece of real estate owned in the form of the city, county, state and sometimes federal government.

Yes, location is important, but so is your purpose for the site. Whether you are planning to build a home, a neighborhood shopping center or a cement factory all are tied to the allowed use.

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Not In My Backyard: It's All in the Zoning

Many of us have said this, or been accused of being a NIMBY by someone else. Who decides what can or can’t be built in the lot next to your house or business? Do you have any say so in the matter? What gets approved is all a matter of zoning, the guidelines of which are established by each municipality, which determines what the best use of land is for that particular area. 

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