There are many reasons as to why you may need to hire an inspector for a commercial inspection service. A commercial building inspector will check a building’s health in its entirety from the roof to foundation to carefully inspect and report. Today, we at JMark Inspections would like to elaborate on the basics of a commercial inspection service to help consumers know what to expect.
What is Considered a Commercial Building?
Located on a parcel of commercial real estate is where you find a commercial building or structure. Either from capital gain or rental income, these buildings are intended to generate profit. Retail/Restaurant, Office Buildings, Multifamily Dwellings, Land and Miscellaneous are the general categories that divide commercial buildings. Examples of commercial buildings and properties are the following:
– Mixed-use Buildings
– Medical Office Suites
– Manufacturing Facilities
– Hotels and Lodging
– Convenience Stores
– Strip Malls
– Storage Facilities
– Sports Facilities
– Shopping Centers
– Residential Units (for-profit)
– Office Buildings
– Multifamily Housing
Hiring a Commercial Building Inspector
When it comes to hiring a commercial building inspector, asset managers have several options. Varied backgrounds in the building trades, facilities management, maintenance and similar subjects are possessed by these individuals. It is essential to note that engineers and architects may charge premium fees for their services and specialized knowledge, however. A more affordable and quality options is hiring a commercial building inspector. It is important to be more cautious since many companies specialize in both residential and commercial inspections. Though there are similarities, the nature of a commercial inspection differs from a residential inspection. In addition to understanding that commercial properties are a company asset, business expense and income generator, it is a good idea to hire a company that not only specializes in commercial inspections.
Primary Purpose of a Building Inspection
Returning on investment (ROI) and residual value is what the commercial real estate acquisitions revolves around. There are generally two things that portfolio managers want to know, and they are:
– The cost of the investment.
– How much of a return on the investment will be.
The inspection comes in handy to answer these inquiries. Within the building, an inspection will reveal the life spans of five major systems includes the following:
– Structural Integrity
– Heating, Ventilation and Cooling (HVAC)
Home & Commercial Property Inspections in Pasadena, Pearland, League City, Sugar Land, The Woodlands, Conroe, Friendswood & Greater Houston, Texas
If the roof or HVAC system will need to be replaced in the coming years, or if electrical elements will need to be upgraded due to a change in building use are a few things the real estate management team wants to know. To provide insight on these questions is what the commercial inspection offers. Whether or not buying the property is worth the investment, the resulting report will ultimately advise the portfolio company. If you feel a commercial inspection is what you need, call in the professionals of JMark Inspections and let us do the rest.