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Updated over 1 year ago,
How to lower my operational work
Sorry for multiple posts today but I am sitting at some major decisions this week. I am under contract to buy a 5-acre land in Georgetown, Tx. The land is located about 2 miles from a major freeway but on a county road. It has electric and water available. Sewer is not there. It has no zoning and only light deed restrictions that restrict RV parks. Mobile homes, and using land as landfill.
I believe that building warehouse/Flex space and look for one or a few long leases. The nearest flex space is about 2 miles away and a lot of large industrial is coming here, 50,000 sq ft type. So, I feel small spaces around 1k-2k sq ft may be interesting. There are a some storage/RV Parks nearby. I am open to other business ideas too.
But, here is the real issue. I don't want to be the developer. I already have a lot on my plate. Are there any legal/JV structures where I can find someone who can research the best use, get it built, and operate or rent out this type of space for me for a share? Any example from a similar deal you may have done or seen will be amazing. Thank you.