>Top 5 Warehouse Selling Points

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Biggest Mistakes to avoid

 

Top 5 Selling Points for Miami Warehouses.

1. What's your zoning?

Are you zoned light manufacturing, heavy industrial, etc? Use is the most important factor in selling commercial property. Once you've determined your Hialeah warehouse's zoning, research the different types of businesses that would be allowed to conduct business under that use.

2. Establish your warehouse's unique qualities.

Then, find out which businesses would best be suited for your warehouse or pay the most for it's unique characteristics. How large is your space, what is the office build-out, floor height, doors (how many, how high, how wide), kind of power, or how many parking spaces. Industry-specific extras such as cooler space, freezer space, or conveyor systems. All of these factors help you narrow down the ideal user for your space and the one which values it the most.

3. Identify industries that value your unique property the highest.

This is more difficult than it sounds as the task requires daily interaction with local businesses' current situations and future space needs. If you have the time, visit local warehouses, one of each industry preferably, in the Hialeah or Miami market area during business hours. Communicate with the owners about their business and warehouse needs. Once ideal industries are targeted, which can even be a competitor, proper diligence is recommended for disclosure and confidentiality to protect your business operations.

4. When negotiating, an intermediary looking out for your interests, is worth his/her weight in gold.

Having that barrier between yourself and the buyer provides the best protection against price reductions, abatements, unnecessary but costly concessions, and conceding on terms of the sale. Have an intermediary that knows your market help you negotiate your Miami warehouse sale.

5. Hire a local professional.

Specially if you don't have the time, or like most, have a business to run. Hialeah Industrial specializes in selling Hialeah warehouses and industrial property in Miami. Let us market, sell, and negotiate your Miami warehouse

 
         
     

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