Expert Insights: 10 Essential Points for New Home Buyers – By Bryan Watkins, Principal at LRA Real Estate
Bryan Watkins, Principal at LRA Real Estate, shares expert insights on the 10 most important points for new home buyers. Discover essential tips for a successful home-buying journey. Read now! Introduction Are you a new home buyer? Look no further! Bryan Watkins,...Vacant Lot in Downtown Phoenix
Looking for one of the last vacant lots available? Not many left. But you will find 601 N 2nd Ave waiting for someone with some vision to buy and build. Remember: They don’t make any more vacant lots in Downtown Phoenix. Looking for an investment opportunity? It...New Restaurant Site Available
Lookng for a new restaurant business opportunity? LRA Real Estate (LRA Commercial) is proud to present a new Buy or Lease opportunity to the commercial marketplace. This renovated restaurant property is For Sale or For Lease. The owner is currently operating Cafe...Phoenix’s Retail Market Was Treading Water Before Coronavirus Pandemic
Vacancy Rate Across Phoenix Will Rise Amid Statewide Stay-At-Home Order By Jessica Morin, Costar Director of Market Analytics, Phoenix Market Analysts April 20, 2020 | 02:15 P.M. Phoenix’s retail narrative has changed over the past several weeks, from concerning...Update: South Central Ave – Light Rail Extension
(from the Valley Metro website) The South Central Extension and Downtown Hub are steadily working their way forward. It takes an enormous amount of planning and scheduling on such a large project. Click on the link for the full report update You’re Invited! Design...The Light Rail Connect Magazine Edition is Available
Good News, the newest Edition of the Light Rail Connect Magazine is now available at our office and at Light Rail Stations. Look for it in the Orange boxes marked ‘Light Rail Connect’. In it you will find: Current Light Rail Map with Stations and operating...Voters Decide Light Rail to Continue into South Phoenix
When does a minority make a difference? It did in this election! Phoenix only needed 13% of voters to show up and vote to continue the march of light rail down South Central Ave on September 2, 2019. The Arizona Republic estimated only 195,000 voters showed up to cast...Top Broker Report – Listings Along Light Rail
Once again, LRA Real Estate Group has more listings along the light rail corridor than any other Brokerage firm in the Metro Phoenix area. What does it all mean? It shows effort, GRIT and determination to contact property owners along the light rail and discuss their...Why you should vote NO on Proposition 105
By Lyle Plocher, July 28, 2019On August 27th of this year, a Special Election will be held in our great city and Proposition 105, which will be on the Ballot will determine the future of Light Rail in Phoenix. Very simply, a YES vote on Proposition 105 would not only...Why South Phoenix should be thrilled about Light Rail
by Lyle Plocher Thanks to the Phoenix City Council and Transportation 2050, a voter approved, 35 year multi-modal plan, South Phoenix is slated to get a 6 mile Light Rail extension through their community by 2023 instead of 2034. Connecting with the existing light...Top Broker Light Rail Listing Report: June 22, 2019
LRA Real Estate consistently produces more For Sale listings along the light rail corridor than any other real estate firm in the Phoenix Metro. The latest report produced on June 22, 2019 indicates LRA Real Estate produced almost 15% of all property listings For Sale...Phoenix ‘Walkable Urban’ (WU) Zoning (part of a series)
(Note: We will be discussing Chapter 13 of the Phoenix Zoning Ordinance entitled ‘Walkable Urban Zoning Ordinance over several articles) How do I know what Phoenix will allow to be developed along the light rail corridor? Can I build a 10-story apartment...Opportunity Zones in Phoenix Arizona
[Note: This information was gathered from the City of Phoenix website] In December of 2017, the “Tax Cuts and Jobs Act” was passed, establishing the Opportunity Zone program. Program Overview The program was created to increase investment by investors...Opportunity Zones in Mesa, Arizona
[This info was obtained from the Mesa City webpage on Opportunity Zones] The Opportunity Zones program is a federal program designed to spur community investment by providing tax benefits to investors. The City of Mesa has 11 census tracts that have been designated...Doing ‘History’ Homework on Designated Neighborhoods
Our society loves history. Especially when there is some control, or perhaps some ‘filter’ is applied, just to make it look a little better. We teach history to young children, adolescents, teenagers, and college students. We use it as...For Sale By Owner: Risky Business
Selling a home without a real estate agent is one of the riskiest decisions anyone could ever make. Would you drive your cars uninsured? Would you build a new home without insurance? Those are no-brainers to almost anyone. It’s also the law in most cases....McDonald’s: Offering a ‘Value’ Lesson in Commercial Real Estate Value
To best understand the more complicated science of assessing commercial real estate value, we only need to simplify through basic and familiar example. To exemplify one of the world’s more recognizable brands, a great quote that comes to mind. The quote...Recognizing the World’s ‘Coolest’ Inventor on a Hot Day in Phoenix
The ‘excessive’ heat is back in the Phoenix area this week. This means as temps creep up near 120, expect the usual barrage of social media heat related posts, car temperature pics, and all of the typical complaining we tend to participate in. But...Top Broker Report: Available Properties along Light Rail
Which Real Estate Company has the largest number of properties For Sale along the light rail corridor? LRA Real Estate Group retains the Top Broker position with almost 20% of the available commercial listings according to the Costar database, December 12,...Valley Metro Light Rail Expansion Update
The Valley Metro Light Rail system has plans to expand further over the next decade. Where do you plan to live? Who is Valley Metro? Valley Metro Rail is a public, nonprofit regional organization with five member cities – Phoenix, Tempe, Mesa, Glendale and Chandler....Please Attend! City Plans for REZONING properties near the Light Rail on 2/4/15
January 23, 2015 Subject: City Plans for REZONING properties near the Light Rail. Twice last year, I rallied the business and property owners along Washington Street to attend City meetings regarding the re-zoning of our properties to a new “Walkable...Q4 2014 Commercial Real Estate: Phoenix Metro OFFICE, INDUSTRIAL, RETAIL Reports
Where can you find the latest detailed and authoritative information on Phoenix Metro commercial real estate? Right here! Each quarter LRA Real Estate makes detailed reports available to our loyal clients and readers. You can see each of the Reports by clicking on...Alberta Plans 187 M-F Units, Retail in Downtown Tempe
courtesy of MHN online, Amalia Otet, Associate Editor Greenwood Village, Colo.- based Alberta Development Partners has acquired a 1.9-acre parcel at the northwest corner of University Drive and Ash Avenue in the Mill Avenue District of downtown Tempe, where it plans...5 Tips When Considering a Reverse Mortgage
If you’re in your 60s and own your home, chances are you’ve heard about reverse mortgages—or will soon. Reverse mortgages allow you to tap the equity in your home. But they have risks and can be costly. Here are five tips to consider: