How to Determine the Value of a Commercial Property
August 30, 2024
Income Approach The income approach is one of the most commonly used methods for valuing commercial properties, especially income-producing assets like office buildings, retail centers, and industrial properties. This approach focuses on the property’s ability to generate revenue.Calculate Net Operating Income (NOI) Start by determining the proper...
Emma CarpenterA Guide to North Carolina Zoning: What Commercial Real Estate Investors Need to Know
August 30, 2024
Understanding Zoning Basics Zoning laws are local regulations that govern how land can be used in specific areas. These rules are established by municipalities and counties to control development, preserve community character, and ensure public safety. In North Carolina, zoning ordinances typically classify land into different categories, including...
Emma CarpenterLocally Owned Heavenly Buffaloes to Open First Raleigh Location Next Week
August 28, 2024
Popular local wings joint Heavenly Buffaloes will open next week in Raleigh. The restaurant is leasing 1,951 square feet of space in the former Hungry Howies location at Haverty Square at 6701 Glenwood Avenue. It is expected to open on Tuesday, September 3. This is the restaurant’s fourth location in the Triangle. Pickett Sprouse Commercial Real Es...
Robyn MooringDeal Facilitated by Pickett Sprouse Brokers Recognized for CoStar’s Power Broker Award
August 02, 2024
“This was not an easy transaction logistically, but Mark and Emilee made it happen,” said Bert Woodall, Broker and Co-Owner, Pickett Sprouse Commercial Real Estate. “We are pleased that they’re being recognized for the type of hard work and dedication that they put into every deal, no matter the size.” Airspeed designs and manufactures cables and p...
Robyn MooringPickett Sprouse Commercial Real Estate Broker Emilee Collins Appointed to Two Local Boards
June 25, 2024
Pickett Sprouse Commercial Real Estate Broker Emilee Collins, CCIM was recently appointed to two local boards for the coming year. The appointments are to the Durham Tech Foundation Board of Directors as well as the Orange County Economic Development Advisory Board. Both appointments will be effective July 1. “I am a firm believer that we should be...
Robyn Mooring