Religious Real Estate Fundamentals Explained

Some Known Factual Statements About Religious Real Estate


34 million in properties and nearly 95,000 members, according to its 2018 year-end financial report. First Presbyterian Church opened in 1891 at Woodward Avenue and Edmund Place in Detroit. According to Historical Detroit, which tracks Detroit buildings and architecture, the building was designed by the architecture company Mason & Rice.


The site says the Ecumenical Theological Academy was talented the church in 2002, a decade after it rented the space from the First Presbyterian Church. The cooperative credit union is letting the seminary remain in the space.


The Property Agents discovered on this site have represented themselves as being knowledgeable in the sale or purchase of churches. Those companies noted in red are members of the National Association of Church Real Estate Brokers, an expert organization whose members are committed to helping purchasers and sellers with the property brokerage of church residential or commercial property.


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59th Ave, Suite 100Glendale, AZ 85308623-561-8800 ARKANSAS Crye-Leike Commercial Real Estate1600 Kanis Road, Suite 400Little Rock, AR 72211 COLORADO CONNECTICUT Commercial Properties Realty60 West 22nd StreetNew York, NY 10010646-247-1909 DELAWARE Stephen J. Ferrandi6011 University Blvd, Suite 350Ellicott City, MD 21043443-574-1430/ 887-628-9482 DISTRICT OF COLUMBIA Stephen J. Ferrandi6011 University Blvd, Suite 350Ellicott City, MD 21043443-574-1430/ 887-628-9482 FLORIDA Matthew Messier450 South Orange AvenueOrlando, FL 32801407-650-1000 Matthew Messier841 Prudential Drive, 12th FloorJacksonville, FL 32207 Matthew MessierTwo Harbour Place302 Knights Run Ave, Suite 1020Tampa, FL 33602813-286-7530 GEORGIA 3775 Roswell Roadway, Suite 200Marietta, GA 30062770-973-8822 Matthew Messier6775 Peachtree Industrial Blvd, Suite 230Atlanta, GA 30360800-400-5505 Alpharetta, GA678-319-4224 Canton, GA770-720-4444 Duluth, GA678-475-0776 Woodstock, GA770-517-2272 HAWAII IDAHO ILLINOIS INDIANA 3930 Edison Lakes Pkwy, Suite 200Mishawaka, IN 46545574-271-4060 1127 Miles Ave, Suite 1002Elkhart, IN 46514574-264-2050 IOWA Johnson & Sons Iowa Realty713 Allen StreetBoone, IA 50036515-432-1681 KANSAS Source Real Estate Group, LLC410 Terrace Path EastLake Quivira, KS 66217913-631-5100 KENTUCKY 334 Beechwood RoadFort Mitchell, KY 41017854-341-3388 LOUISIANA MAINE MARYLAND Stephen J.


Pear Orchard Road, Suite 53Ridgeland, MS 39157601-957-3998 MISSOURI Cheryl Meglio "The Church Lady" Realty Executives Entrance Professionals5461 Gravois AveSt. Louis, MO 63116314-457-1010 2636 W. Allen DriveSpringfield, MO 65810417-877-0038 MONTANA NEBRASKA NEVADA NEW HAMPSHIRE PO Box 333Gorham, NH 03581603-466-2200 NEW JERSEY Stephen J. Ferrandi6011 University Blvd, Suite 350Ellicott City, MD 21043887-628-9482 Realty World, GSH39 East 39th StreetPaterson, NJ 07514201-794-7050 NEW MEXICO New York City Commercial Properties Realty60 West 22nd StreetNew York, NY 10010646-247-1909 NORTH CAROLINA One Wachovia Center301 South College Street, Suite 2150Charlotte, NC 28202704-333-7151 NORTH DAKOTA OHIO Sheila M.


Ferrandi6011 University Blvd, Suite 350Ellicott City, MD 21043887-628-9482 RHODE ISLAND SOUTH CAROLINA 380 South Pine StreetSpartanburg, SC 29302864-583-1001 SOUTH DAKOTA TENNESSEE Memphis Quail Hollow CommercialMemphis, TN901-758-5670 TEXAS 6000 Cluster Roadway, Bldg 3Plano, TX 75023972-424-2000 Mark KraghUnited Realtors2 Greenway Plaza, Suite 150Houston, TX 77046713-623-8899 UTAH VERMONT VIRGINIA Stephen J (religious real estate). Ferrandi6011 University Blvd, Suite 350Ellicott City, MD 21043443-574-1430/ 887-628-9482 ERA Champion Realty5754 Union Mill RoadClifton, VA 20124703-543-1000 WASHINGTON Bryan Mangum WEST VIRGINIA WISCONSIN 429 Gammon PlaceMadison, WI 53719866-860-5105 5553 Waterford LaneAppletown, WI 54913920-739-5300 WYOMING.




Together, we provide A to Z business realty advancement services to User and Financier customers (religious real estate). However of all the commercial advancement that we perform, we are most passionate about leading churches that require to expand their centers. It is most of the work that we do. CFS' principals want serving churches with their building expansion strategies.


Religious Real Estate Things To Know Before You Buy


We understand church operations and finance. Our strategic preparation gives you a clear view of the size and the total costs you can afford for your future building project. CFS' enthusiasm aligns with its Principals' personal worths and goals. CFS helps you produce new locations for praise, teaching, fellowship and neighborhood outreach.


The ability of churches to broaden and relocate is ending up being progressively hard to achieve since land and structure expenses continue to escalate and some local federal governments are proactively excluding non-profit (non-taxpaying) users from their undeveloped neighborhoods. In today's environment, finding the finest options to a church's realty requirements typically needs imaginative, outside-the-box thinking and execution - religious real estate.


500-seat (30,000 SF) church in Highlands Ranch, Colorado. 1,700-seat (100,000 SF) church in Littleton, Colorado. Remodelled former aircraft garage in Stapleton (Denver, Colorado) with a 300-seat auditorium why not look here and associated education and administrative areas (14,000 SF). Listing Broker for the sale of this $6. 55 million, 75,000 SF Class A Church residential or commercial property situated in Cherry Hills Town, Colorado.


Noting Broker for the sale of the former 67,000 SF Lookout Mountain Neighborhood Church property situated in Genesee to Flatirons Neighborhood Church. Strategic preparing for a brand-new 35,000 SF church facility; Purchaser Broker for acquisition of a bank-owned site at the strategic corner of US Hwy 287 & Mountain Opportunity (Berthoud, CO); scheduled financial obligation financing; put together design, engineering and building and construction groups.




This began as an expansion of an existing church building (17,500 SF). The total job expenses to remodel the existing structure and to construct the brand-new ground-up Phase 1 structure (33,000 SF) was $11. 6 million. Overall project expenses consist of hard costs, soft costs and FF&E (no land cost). (Denver) Your Domain Name $2.




in the procedure of developing a 25,000 SF ground-up church center on an 12 acre website in Surrey Ridge (simply south of Lone Tree). We will be building only Stage 1 consisting of 14,000 SF at an expense of $5. 5 million (total job expenses). Difficult costs alone will be $4.


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5 million). CFS advises that your church employ professional help for your church building expansion task. By doing so, you and your church staff have the ability to concentrate on what you do finest broaden the kingdom. Using church members to manage expansion jobs is normally not the finest option to achieve your church's objectives as this might result in conflicts of interest that can harm long-standing relationships.


The 15-Second Trick For Religious Real Estate


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Our business focuses on almost all matters concerning Church Real Estate, consisting of religious, nonprofit and tax-exempt organizations. We are a daddy and boy California Property team, having my blog offices in both northern and southern California. Over decades of sculpting out a name for ourselves amongst church groups, we discovered a niche with finding and/or uniting church home buyers, sellers, property managers, and occupants.

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