You’ve found the perfect building site, rental property, or commercial facility, but you don’t know who owns it. This is an all-too-common event for real estate investors and brokers. If you need to know how to find the address of a vacant lot, or how to contact the owner of a property to see if it’s for sale, then it’s time to connect to an extensive property and owner database.
Find a Property
The first step in investing in real estate is finding the perfect property. If you want to take advantage of tax breaks, increase your portfolio or find the perfect fix-and-flip property, then you need to be creative about the way you find properties.
In the past, you had to physically drive around the area and look for property that appeared to be vacant. If you didn’t have the address, you would need to head to a records office and try to figure out the address. Once you have that information, you need to contact the property owner and arrange a time to discuss the property.
All that work is tedious and inefficient. Expand your real estate investment opportunities by cutting down on the time it takes to find a property using these steps.
How To Find the Address of a Vacant Lot
From acres of farmland to a single city lot, vacant land is a valuable investment worth pursuing. Many landowners go through the traditional channels of a real estate agent, but some may be interested in selling but haven’t gone through the process yet.
According to the National Association of Realtors, vacant land is expected to increase in price by 2%. Instead of waiting for the price to increase or a landowner to finally list it, use the ProspectNow online database to find the address of vacant land. Here are the steps to find land:
- Select the state and county you wish to search
- Enter listing data filters, like property value, available equity, or acreage
- Find vacant lots on a map
This will give you the address of a specific lot you may have found and are interested in. You can also use this database to create targeted lists of vacant land for sale or land that may be for sale.
How To Find Vacant Commercial Properties
Approximately 7% of rental properties are vacant, according to the Lincoln Institute of Land Policy 2018 report. If you see commercial property that appears to be vacant, then you can use the same database to find the address of the commercial property.
Don’t attempt to enter a vacant building or assume a commercial facility not currently in use is for sale. It’s not only illegal to trespass but there may be renovations going on that make the property appear to be vacant. Stay safe and find more convenient ways to determine the status of a property using an online database.
Identify an Owner
Once you have the address for a vacant lot or commercial property, you need to determine the property owner. According to the National Association of Realtors, the market experienced a decline in month-to-month sales in August 2021, so you may be able to recommend that a landowner list a property before sales continue to fall.
There are three basic ways you can find who is the owner of a vacant or occupied property:
- Public records
- Local real estate agents
- Online property information database
Use Public Records
Ownership details of property are part of the public records, so you can find the name of the owner once you have an address. Depending on your local state, county, and municipality laws and regulations, there are three different sources of relevant public record information:
- Recorder’s office
- County tax collector or assessor
- County assessor
Tax records, registry of deeds, land registry, and property records may be available through one or more of these offices. Going directly to a public records office can be a time-consuming process, but it is an option if you’re looking to receive basic information about a particular address.
Connect With a Real Estate Agent
As a real estate investor, it pays to know local agents. Real estate agents are some of the first individuals who find out information about properties being listed in an area. They also typically know many local property owners, business owners, and investors, so they may be a more direct route to contact information about vacant land or commercial buildings.
Choose an Online Database
The future of real estate investing and prospective is ProspectNow. You can’t afford to drive every street in your city or road in your county to find empty lots and promising properties. Instead of spending time hitting the street, chatting up real estate agents, or heading to public records offices, turn to an online database that streamlines the entire process.
Not only can you search for properties on a map, but you can look up addresses and find the name of a property owner using this helpful online tool. Extensive commercial and residential databases put millions of properties right at your fingertips.
Locate Contact Information
After learning how to find the address of a vacant lot, the next step is reaching out to the landowner. Knowing the name of the owner isn’t enough if you’re hoping to reach out and discuss buying an empty lot. Thankfully, the ProspectNow online database makes it easy to find much more than just a property owner’s name.
Expand Your Search With an Online Database
Find vacant land, commercial properties, and residential homes that are available or are likely going to be available in the next 12 months. Machine learning models use predictive analytics to determine the likelihood of a property being refinanced or sold in the next year.
Once you do find a property you’re interested in, you can see all of these features:
- Owner name and contact information
- Average sold price
- List price (average)
- Average price per square foot
Easily explore sales comps and MLS data to determine the value of a home before you reach out to a homeowner. This can assist you in negotiating a price or offering an investment opportunity to an owner.
Use ProspectNow To Connect With Property Owners
See what a database with millions of properties can do for your business. Explore commercial properties today with ProspectNow. Find the address of a vacant lot and the contact information for a landowner or commercial facility owner to save time and money as you invest in real estate.