Off-Market Properties

Search for commercial deals off-market.

A very large portion of commercial real estate transactions are conducted through off-market sales. While residential real estate benefits from a large audience, commercial properties are often marketed to a select group of investors that are invited to invest in a property without publicly listing the asset.

What does off-market mean?

A property can either be ‘for sale’ and be listed ‘on the market’ or not listed and therefore ‘off-market’. Because only a certain amount of properties are ever listed for sale, off-market real estate contains a much larger set of properties than what is on the market/on a listings platform. On the market properties can be found on an online listing service, and are properties that owners or brokers have listed for sale at a particular price. You probably often hear of off-market deals in real estate.

How to Find Off-Market Properties

Reonomy is the largest database of off-market listings, source off-market properties with Reonomy. Identify opportunities that fit your criteria for potential dealmaking with 100+ filters. Search through millions of off market listings to find the best off market commercial real estate. Begin your parcel research by searching unlisted properties by location, size, asset type and more.

Why Search Off-Market?

A common misinterpretation of off-market properties is that there are properties that are for sale but not listed online. When searching for off-market properties, you really are searching for properties that are not up for sale. Essentially, off-market means unlisted.

The Value of Off-Market Listings

Mass marketed listings regularly command a premium of 30% compared to off-market, which is the equivalent of a down payment. Top investors don’t want to limit themselves to the small pool of properties that are for sale. Just because something is not listed doesn’t mean it’s not for purchase. Everyone and every property have a price. Use the benefit of avoiding broker fees when purchasing a property to negotiate directly with owners. Working with an owner directly can allow you both to have the best of both worlds.

Unlimited Property Choices

Source properties that fit your specific investment criteria. Don’t limit your potential investments to that which can only be found on market. Allow the full potential of off market listings to be within your grasp. Utilize listings services to identify target properties on the market to understand market values or compare properties currently ‘for sale’ against the entire universe of properties. Validate if you are getting a fair deal on unlisted properties.

Off Market Properties and Location

Easily search off market properties and location based criteria. Filter your search for your next property deal to a specific location. Begin your parcel research on Reonomy, and you will quickly understand parcel details, as well as the ability to pull up parcel research for off market properties in your location of choice.

The Value of Searching Off-market

Searching off market means that you approach a potential seller before they list a property for sale. They may have it in mind that they are looking to sell, or they may have no plans to sell their property anytime soon. Either way, the property owner has the potential to sell their own property, and you have the potential to convince them to sell it.

Understanding Current Owner

The sales history of a property shows what the current owner paid for the property and when they purchased the property. What the owner paid for the property is a factor to consider when inferring what the owner expects now. How long the owner has held the property for can signal whether they would sell the property. If approaching the property owner, this information equips you to tailor your pitch.

Tools You Can Use to Find Off Market Opportunities:

Sales History

Search off-market properties by sales history. Identify properties by date of last sale or price of last sale. Filter your searches by properties sold within a particular time period, or that haven’t been sold in decades. It is easy to filter for properties that have not transacted in 5 or 10 years. Identify groups of properties with your sales history criteria, in whatever area you would like to search, in seconds.

Debt History

Search off-market real estate by debt history. Uncover loan information on a property through parcel research including lender, mortgage origination date, maturity date and most recent mortgage amount. FIlter for properties from a specific lender, or that have an origination date that is likely coming to term in the next year. Use your insights as a commercial real estate professional to filter searches to best identify opportunities.

Owner Portfolio Search

Filter off-market properties by owner. Ownership portfolio information can both be easily accessed through property page information, but is also searchable. If there is a particular owner you are interested in working with, identify new opportunities through ownership portfolio search. Uncover property details on any off-market properties a particular owner is associated with.

Land Use

Search any asset class for off-market properties. Looking for all multifamily properties in Texas? Filter your search quickly and easily. Identify a target area and a target asset class through conducting parcel research. FIlter any off-market asset with a wide range of options. Search as specifically as gas stations or broadly for any industrial properties.

Asset Type Search - Other

Zoning

FIlter off-market properties by zoning data. Looking for properties within specific zoning criteria? Filter your off-market opportunities easily and with speed. You know the specific zoning codes in your area – make sure your searches fit within your areas zoning regulations and property requirements.

Location

Search off-market properties as broadly or specifically as you need. Search by state, county, city or filter the map to specific locations of your choosing. Select an area by radius search for any properties within a particular distance from a single location. Or use the draw tool to identify a more specific neighborhood or target multiple specific areas within the map.