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Guide to Commercial Land in the Virgin Islands Commercial land in the Virgin Islands is defined as any land suitable for commercial, as opposed to residential, development in the Virgin Islands. It should be pointed out that a plot of land up for sale is classified as commercial solely by the discretion of the seller, and not all land offered in the Virgin Islands as commercial land may necessarily be suitable for commercial development. While in most cases the seller and the market will agree on what is commercial and what isn't, in certain instances the lot offered as commercial may be less suitable for commercial than for some other type of development.Criteria for Commercial Land in the Virgin Islands The price commanded by land classified as commercial tends to be higher than the average residential lot in the Virgin Islands. This is because the bar is set higher for commercial land, or land suited for commerce. It must be well serviced by access to traffic in the Virgin Islands, in addition to transportation, and must be positioned so as to form a visible part of the community in the Virgin Islands.Development of Commercial Land The purchaser of commercial land may be interested in the commercial lot for the purposes of direct development, in other words developing the lot for the buyer's own business requirements. For instance, the buyer may wish to put up a service-sector business in the Virgin Islands such as a leisure facility, food business or retail store. However, the developer may also wish to develop the land offered for the purposes of adding value, by creating an office block, retail complex, or other real property from which rent income is derived.Listings of Commercial Land in the Virgin IslandsThe following comprises our listings for the "commercial land" category as of Dec 28, 2008. To view our very latest, intelligently sorted property information, please take a look at our latest real estate listings.
Beachfront Development Land for sale | Commercial Land For Sale in St Croix Island
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