re: Buying investment properties...

There's prob no comps on that road in terms of commercial. My property lies in between the service road from an interstate and a state highway with no commercial props. My prop is directly east of the new walmart ( which will be along the frontage road). So basically there's the interstate, the walmart will be built just east of the interstate and my prop is directly east of the walmart. All that land just east of the Walmart is residential ( which will be behind the walmart)

Two of our family friends sold the prop to walmart and let's just say they received absolute top dollar. No negotiating at all. Walmart came in and offered 7 percent over asking price ( one land owner already had prop for sale and when the other heard walmart was looking they also put prop up)

I just think i won't be as fortunate bc my prop is east of all this.