Selling Commercial Land in Florida (The Easy Way)

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Selling Commercial Land in Florida (The Easy Way)
By

Bart Waldon

Beyond theme parks and beaches, Florida hosts over 15 million acres dedicated commercial real estate uses driving economies statewide. From warehouses distribution hubs nourishes America's consumption engine Atlanta down consolidating Caribbean transshipments bound global export. Retail spaces welcome millions of tourists annually indulging flights fancy along bustling small business corridors keeping residents housed, fed and entertained locally.

With over $60 billion exchanging hands last years alone, Sunshine State property markets hum attracting investors large and small bidding sites hosting future strip malls, self storage empires or mixed use planned communities. Yet when sell-side circumstances strike owners unexpectedly, divesting land quick and hassle-free makes priorities simplifying life again.

Play Multi-Channel Listing Strategies Maximizing Exposure

Tapping only traditional real estate listing sites like Loopnet, Costar and Crexi certainly broadcast offerings interested dealer brokers dealers representing hungry buyers sniffing around. However unlocking values assisting owners seeking expedited exits involves spreading bets wider multiple channels.

Florida attracts continuous influxes out-of-state migrants registering businesses. Contract business sales platforms like BizBuySell, Businesses For Sale plus industry specificities like Motel Brokers, NRC Realty Capital Advisors and others centralize eyeballs investors preferring packaged operating entities with property included. List the real estate fraction attracting site selectors before showcasing full turnkey establishment sales attracting venture capital Grade operators.

Meanwhile neighborhood social networks like NextDoor app organically notified locals seeking upgrading surroundings or adjacent additions accommodating growing enterprises need elbow room. Don't forget tried and true yard signs visible informing passersby easy inquire details. Talk personally explaining situation rather delegating messaging telephone tag drones care less satisfying win-win goals.

Structure Deal Flexibility Accommodating Buyer Financing Realities

The moments buyers egos inflated hot markets often pass quickly changing economic winds shifting leverage back owners court patient dispositions. Rather demanding unreasonable timeframes or closing contingencies stressing buyers tee financial hurdles likely stalling transactions better never starting, design flexibility upfront.

Welcome longer due diligence durations allowing confident inspections safeguarding investments. Be open discussing seller financing possibilities easing down payment burdens through hybrid owner notes eventual commercial bank assumption transfers Once operational stabilization occurs. Suggest leaseback or option clauses delaying occupancy requirements transition existing enterprises new premises smoothly without jeopardizing income streams.

Commercial real estate investors think long-term holding land appreciates over decades. Guide win-win deals favoring their outlooks while satisfying immediate financial needs through installments accumulating principal payments later. Everyone wins crafting creative terms helping new owners carry torches fanning prosperity flames higher through utilizing sites unlocked.

Prepackage Zoning & Permitting Processes for Fast Execution

Scoring quick cash completing land deal challenges when buyers inherit intimidating local approval gauntlets stalling developments 6-12 months. But savvy sellers able accelerate buyer execution sidestepping these headaches win favors attracting premium bids. Consider prefiling key permits regarding usage, density and environmental exemptions before accepting offers.

Verify entitlements like water drainage allotments remaining available supporting projects without overtaxing infrastructure. Even complete traffic studies indicating roadway capacities handling estimated trips generated by future buildings. Complete archeological digs onsite revealing whether preservation artifacts might delay digging foundations. The more uncertainty eliminated; the faster buyers execute plans winning Lenders Appraisers signoff unleashing capital flows sellers desire accelerating exits.

Be the seller who brought solutions by orchestrating turnkey launches new owners hit ground running. These gestures position listings attracting premium bids buyers hoping emulate such thought leadership orchestrating their empires built through benefiting from easier predecessor transitions.

Let Local Buyers Know Sites Available Before Broader Marketing

Listing commercial tracts seeking highest best returns makes business sense knowing developer demand continues growing as infrastructure connectivity improves hiking values over time. However, when exigencies place priorities expediting short term exits - like funding a family members healthcare needs or estate planning demands - sellers smartly reprioritize according first rights refusal neighboring entities before broadcasting avails industry players unfamiliar holding local areas.

Nearby businesses stand ready put lands work if abutting existing operations or had eyes coveting properties awaiting ownership changes. Outreach privately first often yields win-win deals faster open market campaigns require while also keeping sales discreet avoiding employee anxieties wondering whose moving where. Local buyers also save costs overcoming learning curves assessing regional permitting complexities, political landscape navigations and community group relationships benefiting all involved.

Putting immediate neighbors needing incremental room growth notice ahead internet buyers maximize desirable outcomes people already invested locale want to plant deeper roots permanently improving areas they operate daily. Private off market conversations often deliver simpler solutions.

The winds Florida fortune shine bright attracting risk takers ever growing populations fueling economies differing paces. With patience and creative flexibility guiding negotiations, commercial land owners seeking accelerated exits need not settle scraps left behind rows feasting. Thoughtful preparations maximizing buyer executions produce win-win liquidity events setting personal life priorities sailing smoothly ahead finally at ease peaceful shores relaxation deserve. Let the games go enjoying life again!

Tips for Selling Commercial Land Easily

Unlocking liquidity from Florida’s thriving commercial property markets while optimizing sale pricing sometimes conflict when urgent personal situations demand priority exits. These tips ease the process applying proven strategies streamlining closures.

Survey Buyer Financing Limitations

Study prevailing lending conditions and buyer risk profiles when structuring payment contingencies. Leave room discussing extended timelines, leasebacks or graduated steps not overstressing qualified acquirers limited near-term.

Lead Local Outreach First

Canvass potential interest discreetly from current occupants of nearby sites needing additional expansion room before broad internet marketing goes wide. Preferred deals arise forgoing long due diligence negation and approval gauntlets outside buyers face.

Bundle Pre-Approved Entitlements

Pull permits in advance regarding intended usages, utility capacities and environmental exemptions removing guesswork what governing agencies will allow streamlining buyer executions post-purchase. Proactively eliminate delays frustrating investors eager breaking ground quickly wisely use of funds making strategic moves catalyzing their emerging empire visions.

Highlight Flexibility Accommodating Transitions

Communicate openness crafting win-win occupancy coordination agreements allowing existing operations sufficient time orchestrating moves into future premises without jeopardizing business income continuity priorities all parties weighting sensitively balance. Signal possibilities optimizing outcomes through incremental collaborations respectful changing conditions surrounding land swaps benefiting both buyer and seller long run building goodwill wealth transfers.

Final Thoughts

Unlocking expedited yet profitable commercial land sale closures in Florida centers first understanding motivations both sides negotiate win-win pacts custom fit situational needs benefiting all rather single obsessed objectives. Preparing sales processes emphasizing flexibility, transaction ease and local relationships ahead demanding rigid terms and unfavorable concessions accelerates transfers satisfying urgent seller priorities while delivering promising properties satisfying buyer growth visions secured by patient capital stewardships motivated governing just rewards time respecting those granting opportunities prospering together.

Frequently Asked Questions

What is considered a "motivated" commercial land seller in Florida?

Motivated sellers typically face external life factors pushing expedited land sales ahead of maximum value price targeting including estate resolutions, business cash infusions for growth, healthcare/family needs, religious divestitures, or retiring while markets remain favorable. Their priorities shift toward simplified sales processes versus elongated marketing campaigns.

What specific options exist allowing flexibility accommodating buyer limitations during negotiations?

Savvy motivated sellers explore concession options like seller financing, leaseback arrangements, incrementally stepped closing processes, contingent zoning approvals before finalizing, subsidies offsetting identified improvements required, and graduated price escalations incentivizing buyer development milestones sooner.

How might offering first rights to local buyers benefit deal speed?

Nearby businesses familiar abutting properties often skip lengthy due diligence needing validate local entitlements, buffer protections, access provisions and political considerations general outside buyers lack understanding. Pre negotiated solutions also avoid public listings alerting workforce/community prematurely impacting productivities/operations.

What preparations create "shovel ready" lands buyers favor for accelerated starts?

Completing entitlement preapprovals regarding intended usage densities, environmental exemptions, traffic impact studies and archeological clearance reports accelerate buyers executing construction plans without uncertainties stalling Lenders or Appraisers questioning approvability. Certifying readiness unlocks financing.

How might flexibility around occupancy timing help deals close?

Design delayed occupancy, leaseback or options terms allowing existing operations transition new facilities without jeopardizing revenue streams crucial sustaining inventory or employment obligations not easily ceased. Gradual relocation coordination makes change manageable.

What steps preserve discretions avoiding unnecessary anxieties?

Limit marketing funnels before attempt facilitating simplified transactions satisfying goals both sides. Once successful partnerships consummate serving needs at hand - broader messaging alerts constituencies stirring unnecessary turmoil reduced focusing productivity and outcomes benefiting all involved based respectful transparent change managements putting people first.

About The Author

Bart Waldon

Bart, co-founder of Land Boss with wife Dallas Waldon, boasts over half a decade in real estate. With 100+ successful land transactions nationwide, his expertise and hands-on approach solidify Land Boss as a leading player in land investment.

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