who do you speak to Commercial Zoned O/I property.
5 Replies
Derrick Gordon
Investor from Tri State Area
posted 5 months ago
I really have no idea what to do with this and who I should contact to see if they would be interested. Where do I find zoning rules in Georgia?? If nobody wants a elders home, maybe it can be used for something else. I want to help, but do not have any idea how to do so at this time. Any ideas???
Canesha Edwards
Developer from Atlanta, GA
replied 5 months ago
Hey Derrick-
So, in order to find the zoning ordnance most time the city or county will have the document or link to documents on their website.
If you can’t find it, you could always call the zoning department and have them look up the property and they can provide you with the proper zoning.
Best,
Canesha
Canesha Edwards
Developer from Atlanta, GA
replied 5 months ago
Do you have the property under contract and looking for a buyer?
Derrick Gordon
Investor from Tri State Area
replied 5 months ago
No, not yet. I have no idea what the property can be worth to someone because its outside of my purview, so I do not know how to negotiate price to then get to an end buyer. @Canesha Edwards
Canesha Edwards
Developer from Atlanta, GA
replied 5 months ago
What is the property exactly? A senior living home? If the property is currently in operation, determine the NOI and go from there.
Zoning would only come into play if you were trying to market the property to a developer. Is the owner in some sort of financial trouble?
Derrick Gordon
Investor from Tri State Area
replied 5 months ago
Yes, its a senior care facility. She's elderly and wants to sell. I have to pry the details out of her for the business.