But also, there are so many nuances to cap rate.If you are looking at office space, for instance, are in you CBD or suburbs?  

Fairmount is a decently strong neighborhood that should see great growth as money continues to flow from both sides, Temple to the North & the CBD to the South.

Let's see in 2020.As in every Historical Industrial City as the masses of the population grew, Gentrification "away" to the suburbs happened.And the trend had begun in 2012 and is ongoing with the next 5-10 years re-Gentrification pacing to the Inner core (we know the situation in CBD already) and spreading to the suburbs.

Or extract Industrial Hemp for CBD - 1000p costs 30k - Yields 10-14% (100-140p) @ $1000 a pound and being able to extract 1000p a day you’ll clear $600k min a month.

And I’m with local gubmits on this:  I don’t want a hotel next door any more than I want a tanning salon or CBD store.   

Many hotels in CBD areas are still not recovered from COVID and many are having trouble covering their debt load.I now work as a commercial lender and getting financing for hotels can be difficult.

Menards is the only place to go if you need some 2x4's, a couple galvanized lags, a pair of women's pajamas, a dozen eggs and a 10lb bag of gummy worms.

The progression of our recovery (CRE) has obviously made sense - The top 5 to 10 major cities have recovered first with Large Class A+ properties in A+ areas (CBD's) being picked up first.

I am a full time commercial broker and we have seen coastal money come into the state as investors chase yield, but returns here are not nearly as compressed as what you will find in larger cities and CBD's.

I've got a potential opportunity to evaluate an off market deal to purchase a commercial retail property that has a restaurant tenant (focus on regional/national craft beers with tapas type food menu) in the CBD of a growing small city.