The 3 Elements of a Commercial Property Inspection
As we head into a new year with new opportunities for property and business investments, you might find yourself launching a fact-finding mission for a commercial building. This overview of the property’s condition will aid you in your decision to either invest in the property or walk away from the deal. When you trust the experienced professionals at Evolve Property Inspections to assess the condition of your commercial building, you can anticipate that there will be three main components to your inspection. Let’s explore these elements of your commercial property inspection.
1. The Walk-Through Survey
One of our inspectors will conduct a thorough visual examination of the property’s physical condition. As we make our way through an on-site assessment, we will focus on critical systems like the HVAC, plumbing, electrical system, and much more. We may include specialty consultants on our inspection team, depending on the scope of the project. This means we could consult the expertise of a plumber, electrician, engineer, or other relevant specialist as we evaluate the commercial building.
2. The Document Procurement and Review
Our inspector will request to see any documents and records available for the property. For example, we may request to review lease agreements, Certificates of Occupancy, building and fire code violations, service contracts, repair invoices, and maintenance records. In addition to collecting documentation, we will conduct an interview with the individual most familiar with the condition and history of the building. All of this information gathering will enhance and support the inspection report.
3. The Inspection Report
At the conclusion of the inspection, you will receive a detailed summary of the inspector’s findings in the form of a written report. It will include details from the walk-through survey, as well as from the documentation, interviews, and any other necessary third-party reports. You will also see in your report an inventory of the building’s major systems and components, with our evaluation of their functional and physical condition. We will highlight the property’s strengths, potential deficiencies, and deferred maintenance issues in your report.
Schedule Your Commercial Inspection
Evolve Property Inspections will enable you to understand and address any issues that will impact both the physical and financial condition of your commercial property after one of our inspections. We believe that an informed buyer will always make the best decisions. Contact us today at (305) 506-8969 if you would like to request a quote or schedule an inspection in Miami-Dade County and the surrounding areas of Kendall, Pinecrest, Coral Gables, and Broward County.
