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re: Commercal lot minimum size

Posted on 4/23/14 at 8:30 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 4/23/14 at 8:30 pm to
quote:

I have an opportunity to purchase a residential lot that is soon be commercial, but it is only one-half acre. Guys, do you think that this would be too small for most commercial development? What kind of business/franchise can you see fitting on this?


You could site a lemonade stand there.

OK, I couldn't resist, sorry.

Honestly it's hard to tell without more details. As was already stated location matters quite a bit, as does the kind of business that might locate there. The size will dictate what kind of firm locates there - it's plenty of space for a laundromat or an IT services firm, but obviously not enough for an aircraft manufacturing facility. If the site is close to other businesses that get foot traffic that can be a bonus too. But really it's all in the details.

I guess the biggest risk is whether the site lot really will be commercial as you predict it will be.
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