Professional Commercial Property Inspections are becoming more popular as a part of a building owner’s preventative maintenance strategy. Typically, they are conducted during a commercial real estate transaction and include a comprehensive evaluation of the major structural and system components of a building.
During an inspection, the inspector will make observations while conducting a walk-through survey and research the subject property to generate a report. The scope of a commercial property inspection will usually be defined by the parties involved in the transaction, whether it is a sale/purchase or the start/end of a lease.
Inside Out: Navigating Professional Commercial Property Inspections with Expertise
To conduct a thorough professional inspection, the inspector will need to have specific knowledge of a variety of areas. This includes a thorough understanding of how building systems work together to create a functional space, as well as being knowledgeable about different types of buildings and industries. The inspector will also need to be aware of the various local building codes and regulations that the property may be subject to, and be able to identify any safety risks or code violations.
The inspector will typically consult with specialists to gain insight into the various systems in the building. These will include electrical, plumbing and HVAC systems, as well as fire safety systems and sprinklers. After the inspection, the inspector will compile their findings into a comprehensive and detailed property condition report for the client. This will give the client a complete picture of the property from an investment perspective.