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Thanks for the A2A Nathan. Your question reminded me of something a successful business person said to me decades ago.
The best commercial property to buy is the one that isn’t for sale.Commercial Real Estate is a different animal and most people with great commercial properties don’t sell them in the open market. They are approached privately by patient people who are willing to wait for one of the gems.Have you seen a business change hands over and over and over again? That’s the one that comes up for salea LOT! No one can seem to make it in that location. Actually the most famous location like that finally hit a winner, but I suspect they rent the space and the owner will eventually shut them down by selling the land now that it has a successful business on it. So their success is more likely to soon be someone else’s gain.The main rule of Commercial Real Estate is identify the 5 best locations for your business. 10 if there are 10 best locations.
![Sale Sale](/uploads/1/2/5/3/125391867/187015044.jpg)
Approach the owners who are already there. Not likely the land is vacant or the right location IS “for sale” today. Send all of the owners an offer subject tosomething or other. Basically you make them an offer they can’t refuse and one day it will be the right day for them to say yes. You make the offer good for 6 months or maybe 3 months. They need plenty of time to think about it and renew that offer the day before it expires.This is especially true of businesses that require customers or large staff vs manufacturing buildings in ugly places.If you think you are going to find a site that values businesses with an algorithm. The information needed to do that is not public record so it can’t be hacked by a computer.