Purchasing a commercial property is a risky investment if you choose not to have a commercial inspection conducted. TEK Inspections recommends following a due diligence process to ensure you make a wise investment, not purchase a literal money pit. The International Association of Certified Home Inspectors (InterNACHI), of which TEK Inspections is a member, sets standards to guarantee that inspectors perform thorough and accurate property evaluations. We recommend choosing a commercial inspection company that follows these three key inspection standards when assessing commercial properties.
1. Hire a Professional Commercial Inspector
When it comes to commercial real estate, many buyers don’t have the experience to know if a building is sound or in need of repair. Because of this, InterNACHI recommends hiring a professional commercial property inspector. In addition to their experience, commercial inspectors have a vast knowledge of complex properties such as multi-family buildings, warehouses, schools, and hotels.
2. Follow a Commercial Inspection Checklist
The size and scope of the building often dictate how commercial property inspections are performed. Because systems and equipment are common among business properties, many inspectors follow a specific commercial inspection checklist recommended by InterNACHI. Along with the unique components of your particular building, the inspector should also evaluate these areas:
- HVAC and plumbing systems
- Mechanical and electrical components
- Roof and drainage areas
- Exterior elements
- Parking lots and sidewalks
- Decks and balconies
- Basements and foundations
- Interior doors and windows
- Specialized equipment like fire suppression systems
3. Review Valuable Documents & Records
Building documents and records can be helpful for real estate inspectors as they evaluate commercial properties. Knowledge about the history of the building provides valuable information that assists the inspector in accurately assessing a building’s condition. Examples of relevant documents include:
- Warranties
- Building permits
- Utility bills
- Repair and maintenance records
- Code violation letters
Request a Commercial Inspection Today
TEK Inspections follows the above standards when assessing commercial properties. We provide our clients with the information they need to make the best property purchase decisions. Request your inspection today when you call (775) 746-4990. We serve Reno and the surrounding communities with valuable commercial assessments, including infrared inspections, drone inspections, and radon testing.
Source: “Commercial Property Inspection Checklist for Buyers.” Web article. Certified Commercial Property Inspectors Association. Web. 24 Jul. 2023.