Commercial property development can be a highly lucrative venture.
When you consider that the commercial real estate market in the UK is projected to grow by 0.49% between 2025 and 2029, resulting in a market volume of US$4.13tn in 2029, it’s an exciting time for many UK commercial property developers.
That said, to be profitable, commercial property development takes a well-thought-out strategy, and there are many important considerations to bear in mind in order to stay ahead of the competition.
With the rise of property technology, there is now a range of solutions revolutionising the industry that property developers can leverage to find the right commercial property opportunities, streamline processes, and much more.
In this guide, we’ll cover some of the key benefits of leveraging commercial property data and what to consider when choosing a tool to help you use commercial property data to your advantage as a property developer.
Before we get into how to choose the right tool to help you identify commercial property opportunities, let’s break down some of the benefits associated with leveraging commercial property data.
Leveraging Commercial Property Data: The Key Benefits
There are many benefits associated with leveraging commercial property data. They include:
Finding Commercial Opportunities
Commercial property data allows you to gain a comprehensive view of the commercial market and discover commercial development opportunities that meet your specific requirements and criteria.
Evaluating & Acquiring Commercial Properties
Commercial property data also allows property developers to source a range of commercial properties, from industrial properties to commercial offices.
Staying Ahead Of The Competition
Having access to better information and comprehensive data puts you ahead of the competition.
By leveraging property market intelligence and data analytics to source potential development sites on the market, you can gain a competitive edge.
Commercial Property Data Platforms: What To Look For
Searching for the right commercial property opportunity is challenging when there are so many variables to bear in mind. From building constraints in the area to previous planning refusals, there is much for developers to consider.
What’s more, as the commercial property industry continues to face challenges, from the impact of remote working to rising interest rates, property developers must be more selective about the sites they source.
The right technology can help you achieve a lot as a property developer when it comes to identifying the best commercial property opportunities.
When analysing these property data tools, some of the factors to consider include, but are not limited to:
- Commercial property sales data
- Lease data
- Comprehensive comparables
- Valuation Office Agency data
- Residential values
1. Commercial Property Sales Data
You should look for a platform that provides you with access to accurate commercial property sales data.
Commercial property sales data can help you to unlock and understand which commercial property investments are the most lucrative.
With a comprehensive view of the property type, sale price and date, as well as transaction history, you’ll be able to make a more informed decision on development land.
2. Lease Data
Another key consideration is whether the tool in question offers lease data.
With Landstack’s commercial comparables feature, you’ll be able to view commercial lease information sourced from Land Registry, including:
- Lease prices.
- Lease term length.
- Remaining years on the lease.
Armed with this information, you can understand the long-term rental dynamics for the commercial properties you’re looking to develop.
3. Comprehensive Comparables
Having access to a wide range of comparable properties is a key consideration to bear in mind when choosing the right platform as a property developer.
This should include both commercial and residential properties, as this will provide you with a more comprehensive view and complete picture of the market and will help you identify the best development opportunities.
4. Valuation Office Agency Data
Investing in a tool that offers Valuation Office Agency data allows you to gain detailed information on the potential income for commercial properties.
This includes the commercial use classification, such as office or industrial, and the rateable value.
This enables developers to calculate the rent that could be generated from properties in the local area.
5. Residential Values
Regardless of whether you’re a commercial property developer, insight into residential values is essential.
Having an understanding of the historical values of residential properties within a specific area can help you determine the potential impact of new developments within the surrounding area.
This information can be invaluable to compare and can even help you figure out the most lucrative exit strategy.
How Landstack Can Help
Leveraging commercial property data and identifying development opportunities has never been easier with Landstack’s commercial comparables feature.
Our commercial comparables feature provides a detailed view of commercial property data, including sales, leases, and more.
Streamline processes and make informed, strategic decisions as a commercial developer with Landstack’s detailed site sourcing and evaluation data platform.
To learn more about the services we offer or to book a demo, please contact our team at support@landstack.co.uk or 01285706708 today.