Real Estate News & Current Events
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

Fast Food business effect on property value
I just found out that a rental property I own is within 200 feet of a potential new site for a fast food restaurant. I've read that a Starbucks will increase the value of your property quite a bit, followed by Dunkin' Donuts. Having a Whole Foods in your neighborhood will also increase your property value. I haven't been able to find anything about fast food. My instinct tells me this is probably not great although it does mean there is commerce nearby so hoping that is a positive. I don't know what type of fast food is going in, and I've been invited to make a statement regarding how I feel about this issue. I'm likely going to mention that if it's a Dunkin' Donuts than I support it, but if fast food depreciates the value of your property I will be against it.