All Forum Posts by: Justin Cabral

@Joel Owens

Thanks for the input. Good points!

I have not connected specifically with a local commercial land broker. Just commercial real estate brokers. One of them is the listing agent for a few parcels in Doral however they are asking for about 2.2M per acre which is high.

If you have any suggestions on how to go about finding and connecting with a local commercial land broker, that would be great.

I am looking for a stand-alone single floor/high ceiling 30k to 40k sqft building on 2.5 to 3 acres of land or 2.5 to 3 acres of land to purchase and build the structure I need.

This would be for an event venue.

I have not found anything on loopnet and the commercial realtors I have contacted are in ghost-mode.

How do I connect with people that know people who own land and commercial real estate so we don’t have to depend on “whats currently listed for sale” in order to find what I need?

Any help would be highly appreciated. Thanking you in advance.

@Steve McGovern Thanks for your input. You are correct. The primary use for that amount of land is to have sufficient parking. We have not considered a 2 floor structure because we feel that high ceilings will be a differentiator in the competitive space. That being said, maybe we can consider a 2 story facility where the 2nd floor has high ceilings. 

@Greg Dickerson Thank you for replying to my post. I did a search as you suggested and found a document detailing the uses permitted for “Agricultural District” in Miami-Dade County and it appears to be tightly associated exclusively for agricultural-related uses.

What is a SUP? 

I will reach out to the planning and zoning department as you suggest and hope that they can be helpful for me to understand the process and timeframe for rezoning since that may be my only route to finding the land I need.

Thanks again for your guidance.

I am looking for 3 or more acres to build a 40k+ square foot structure which will serve as an events space business. Most of the land I am finding is zoned as agricultural even when it is in the county urban district boundary.

Can you please comment on how realistic and how expensive is it to purchase one of these parcels and have it rezoned for commercial or industrial use so we can build our structure and open for business?

Lease in Miami-Dade

We are serious. Capital ready and everything. Have a couple spaces in mind. What zip codes do the agents you know specialize in?

@Zach Quick Thanks for the advice. I thought about doing that but a friend of mine told me that many of those are not entirely legit and that when you call them you find out that they don’t actually represent the property they are affiliated with on LoopNet.

Thanks in advance for any guidance you can help provide. I am looking for a 40-50k sq ft retail space to do a buildout for venues. Already have a place in mind. How do I go about finding a good Commercial Real Estate agent that is going to negotiate me the best deal and contract? I need a shark that is going to get it done. Ideas?

@Jered Sturm

Thanks for sharing. I just started reading it and will make sure I read in its entirety. 

I just have one question for now about the $1M apartment complex with 8% CAP rate example you start the article with.

Does the 80k NOI before paying the mortgage payment on 800k take into consideration the annual taxes you pay for owning the building?