The Johnson Development Corp. is a Houston-based residential and commercial land development company that has over 40 years of experience in the real estate development business. For more information visit http://www.johnsondevelopment.com
Houston may seem like a big, bustling city, but it's not all grown up yet. There are still both residential and retail investment opportunities, both within the city itself and surrounding its borders. If you are looking at investing in commercial real estate, check out your opportunities for ground lease for sale.
Houston is the perfect spot to snatch up a plot of ground at an excellent price, and see an excellent return on your dollar. But before you grab the phone to call your real estate agent, it is important to understand exactly what a ground lease is and where you can find them.
A ground lease consists of the rental of land with the intention of placing a building on the site eventually. The developer who chooses to place a building on the site will generally require a long-term lease on the land of 30 years or more. A ground lease for sale Houston can be a big advantage to the purchaser, since the tenant of the land will be responsible for erecting a building and other improvements on the property.
The owner will reap the benefits of the appreciating value of the property, which he can pass on to his heirs at some point in the future. This is the perfect option for the real estate investor who can afford to purchase the land itself but does not have the additional financing to place a building on the property. As retail pads Houston are added to the land, the property will also increase in value, making the investment even more lucrative to the land owner.
There are many places to find ground lease for sale Houston, but the first place to check might be master plan commercial Houston real estate. This type of property is found in the many master planned communities that are cropping up throughout the Houston area.
A master planned community is one that allows area for residential housing as well as property for retail pads. Houston is a prime area for both residential housing and retail development due to the enormous amount of growth that the city has seen in recent years coupled with the relatively low cost of living in the area.
If you are on the hunt for ground lease for sale Houston, check with the new master planned communities to see if there is land available in surrounding areas. This is the perfect opportunity to invest in Houston land and see a great return on your investment.
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