Teletare has been helping investors find land for sale in Renton for years. Our team of experienced commercial real estate brokers are extremely knowledgeable about the area and can help you find the perfect lot for your next development.
Just because a piece of land is vacant doesn’t mean there isn’t any research you need to do before making a purchase. There are a number of factors that should be considered before investing in any property.
Here are a few tips for anyone looking at land for sale in Renton, WA.
One of the first things you’ll need to check on for any property you’re considering purchasing is what it’s zoned for. Zoning laws dictate what kind of business can be operated on the land, so if you have a specific development in mind you’ll need to make sure it’s zoned for that.
If you find land for sale in Renton that isn’t zoned for the type of development you’re interested in it’s a good idea to speak with city officials. In some cases, the city may allow certain permitted uses for the property even if it isn’t zoned for it. If this isn’t the case then you can also apply for a variance or a zoning change.
Zoning laws aren’t the only thing you need to look into. Every piece of land will also have a set of building restrictions that regulate any structures placed on the property.
Purchasing land is a major investment, so before going through with it you’re going to want to get the opinion of experts to ensure you’re making a sound decision.
The first person you should consult with is a commercial real estate broker. They’ll have plenty of experience evaluating and selling land for sale in Renton and will be able to assist you with things like placing a value on the property, arranging for environmental inspections, and negotiating with the seller.
It’s also a good idea to consult with an architect about any piece of land you’re considering buying. They’ll be able to tell you whether the type of development you have planned is feasible on the lot.
There are a number of factors that will impact the value and usability of a piece of land. These include:
Finally, when choosing the right piece of land for your next project you’ll need to find the right location. Luckily, there are plenty of great options in Renton, including:
Are you interested in investing in vacant land in Renton? Teletare’s expert commercial real estate brokers are here to assist you.