Here are five ways you can benefit from using RPR in your commercial business. Learn
more about RPR Commercial at blog.narrpr.com/commercial.
Get information on square footage, zoning, owners, tenants, tax information, mortgage records, legal descriptions, and much more. RPR Commercial aggregates public records nationwide and partners with 26 contracted CIEs/CMLSs and 668 MLSs for on-market commercial listings. There are more than 320 million on-market listings, over 35 million off-market properties, and with the recent integration of SMR Research, an additional 7 million tenants occupying space available for your research exploration.
Property Cash Flows
After discovering the true income and expenses through conversations with the listing agent or building owner, you can plug those and other assumptions into Valuate Investor Analysis and produce the return ratio at the end of the hold period.
Be prepared to talk about key factors such as employment, cost of living, and top employing industries and compare multiple areas in your community. Pull up a thematic map within RPR for a quick look at market conditions including the average household income. Discover business points of interest (POI) in the area to note the type of industry, number of employees, and annual sales volume. Review both historical and current traffic counts to gauge market activity and business potential.
Your clients also need to know about their potential customers, employees, or renters. RPR Commercial gives you basics like population density, age ranges, disposable income, education levels, and industry of employment.
The next time you’re on a site tour or in a pitch meeting, share a Commercial Trade Area report with tapestry, also known as consumer segmentation data. This goes beyond the numbers and basic info you can collect from general economic and demographic sources by providing you with preferences and detailed descriptions of people who live around a property.