The local economy is supported by several diverse sectors, including healthcare, manufacturing, and retail, which sustain employment levels and underpin rental demand.

No, I don't buy retail.

You should not pay full retail and be removing contingencies.  

I had a retail deal and bank had an appraisal of $10,420,000, looking at P&L from 6 months earlier on the subject the NOI was $300k, looking at rent roll of a month in August the income was $105k with 35% vacancy, asked the asset manager how did the come up with $10,420,000 and he said based on that month rent whats renting in the market not considering this is a stressed property and wanting around 80% off that amount which did not even make sense what so ever.

Many banks just hire a broker and sell their foreclosures off on the retail market like any other seller. 

Foundations are endemic and you need to be very well-informed as to the neighborhoods. for out of state I concur with 39211  and some of 39206  the other zips are south jackson which can be very block to block and in my mind more appropriate for a local in the know investor like Susan..  39211 is a very nice mixture of owner occ and rentals where a fixed up home will retail and retail for a nice profit many times.. 

Most typically you'd hear this term in commercial leasing where the tenant reconfigures an office space or builds out a retail store/restaurant space.

I'm about to embark on my first commercial real estate development project.I plan to buy a ~1acre property in Georgia to construct a 20,000sqft building with the following breakdown:8,000sqft retail space7,000sqft warehouse space5,000sqft office spaceI'll be using some of the office space and warehouse space for myself.

Bank properties are effectively office space in a retail corridor (typically).

Are the investments you offer registered with the SEC or Virginia Division of Securities and Retail Franchising?