Russell Roberts has devoted his entire career - spanning in excess of twenty four years - to gaining insight into the commercial real estate market. He has appraised nearly every conceivable commercial property type including industrial, retail, office, multifamily, land, special purpose properties, and more. He specializes in appraising commercial … [Read more...]
Employment Trends in Kentucky
Employment Trends in Kentucky In my previous blog post, I analyzed the trend in population for the top ten most populous cities in Kentucky. Population trends, along with trends in employment and income, comprise what are known in the appraisal community as 'demand generators'. Trends in these three categories increase the demand for real estate in … [Read more...]
Real Estate Investment Opportunities Near Louisville, KY
South of Louisville, KY, lies a sleepy little town named Shepherdsville. If you needed salt in the early 1800's, Shepherdsville was the place to get it. As it turns out, this sleepy little town may be the next waking giant. Paralleling Interstate 65 around 12 miles south of the world air transportation hub for UPS (known as … [Read more...]
Car Wash Industry Trends in Kentucky
If you've considered purchasing a car wash in Kentucky you may have noticed...there's blood on the streets. To put it in less graphic terms, these types of properties haven't fared well under recession conditions. Reliable statistics for car wash facilities are frustratingly difficult to locate but here's one from an appraisal I'm just wrapping up … [Read more...]
Location, Location, Location – Appraising Commercial Properties in Kentucky
If you're old school (and I am), you'll recognize the phrase that serves as the title to this post. It answers the question to the three most important factors in buying real estate - location, location, location. True enough, I've found it to be true in my own real estate investment decisions. Buy something in a BAD location and you'll see what I … [Read more...]
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