Best moves among COVID-19 Panic
I’m taking 220 day options on properties. Hopefully this will be blown (mostly) over by then or psychologically we adapt to our new reality. Can’t help thinking even though liquidity/solvency issues have not impacted most buildings and landlords, some maybe changing their minds on strategy and decide to sell. If that’s the case I’d like to hold the door open.
[{"id": "fljtnwi", "text": "I\u2019m looking at a SFR on 1 acre of commercial zoned land.  A new hospital is planned on land 1/4 mile away.  It would be good as a CVS or something.  How much is the land worth to cvs?", "replies": [{"id": "fljulse", "text": "CVS typically has built to suit developers buy land and buy land and build buildings they lease. You'd need to talk to some developers. Now sure how much CVS is expanding anymore. You might consider Healthcare clinic space (or imaging or higher build out) that close to a hospital. On-campus or close to it typically does very well.", "replies": [], "depth": 2}, {"id": "flk0brn", "text": "1 acre would be on the small side for a prototypical ~8,000 SF CVS with a drive-thru, but they can and will squeeze onto smaller lots.  \n\nDrive thru is a big want for them.  Also confirm that the commercial zoning permits drive-thru.\n\nIf you can't land a CVS, drive-thru coffee (DD/Starbucks/Tim Hortons) and hospitals seem to go together very well, especially if it's on the morning side.\n\nIn what area of the country is this?", "replies": [{"id": "flkkue5", "text": "Georgia", "replies": [], "depth": 3}, {"id": "flkmod8", "text": "&gt; Also confirm that the commercial zoning permits drive-thru.\n\njust to tack on this, all drive thrus are not equal either.  I know a number of local places that went all conditional on this and deny every fast food one while approving every medical/bank one.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "flpqms1", "text": "Your buying options to purchase properties?  How do you make your calculations?", "replies": [], "depth": 1}]