Commercial Inspection FAQs
A commercial property inspection is a thorough evaluation of a commercial property’s condition, including its structure, systems, and components. The inspection is performed by trained and certified professionals who assess the property and provide a detailed report of their findings.
A commercial property inspection is important because it provides valuable information about the property’s condition, which can help buyers, sellers, and property owners make informed decisions. The inspection can identify potential issues or defects that may impact the property’s value, safety, or functionality.
Each inspection is unique with its own proposal. However, generally a commercial property inspection typically includes an assessment of the property’s:
- Structure (foundation, walls, roof, etc.)
- Exterior (parking lots, landscaping, drainage, etc.)
- Interior (walls, floors, ceilings, windows, doors, etc.)
- Mechanical systems (HVAC, etc.)
- Electrical systems (wiring, panels, lighting, etc.)
- Plumbing systems (pipes, fixtures, water heaters, etc.)
- Fire and life safety systems (sprinklers, alarms, etc.)
The duration of a commercial property inspection depends on the size and complexity of the property. On average, a commercial property inspection can take several hours to a full day or more. The inspector will provide an estimated time frame before the inspection begins.
The cost of a commercial property inspection varies based on factors such as the property’s size, age, location, and the scope of the inspection. Typically, commercial property inspections start at a thousand dollars and can exceed twenty thousand dollars for larger or more complex properties. It’s best to request a quote from the inspection company for an accurate estimate.
During a commercial property inspection, we will conduct a visual assessment of the property, taking notes and photographs as we go. We may also use specialized tools or equipment to evaluate certain systems or components. We may ask questions about the property’s history, maintenance, or known issues. After the inspection, we will compile our findings into a comprehensive report.
Each report will vary depending on the project’s scope. However, generally a commercial property inspection report typically includes:
- A summary of the property’s overall condition
- Detailed findings on each system or component inspected
- Photographs of relevant findings or issues
- Recommendations for repairs, maintenance, or further evaluation
- Safety hazards or violations identified
The report typically is provided in a digital format only, but a copy can be requested.
Yes, VERIDORN inspectors carry $1MM policies in both professional liability as well as general liability. We are not only InterNACHI® certified, but CCPIA® members as well.
In most cases, you are welcome to be present during the commercial property inspection. This allows you to ask questions, learn about the property, and see firsthand any issues or concerns identified by the inspector. However, the inspector may request that you maintain a safe distance during certain parts of the inspection for liability reasons.
If the commercial property inspection reveals problems or defects, the inspector will document their findings in the report and may provide recommendations for repairs or further evaluation by a specialist. As a buyer, you can use this information to negotiate with the seller for repairs, credits, or price adjustments. As a seller or property owner, you can use the report to prioritize repairs or maintenance to improve the property’s value or marketability.
The frequency of commercial property inspections depends on factors such as the property’s age, condition, and use. Generally, it’s recommended to have a commercial property inspected:
- Before purchasing or selling the property
- Before renewing a lease or mortgage
- Every 1-5 years as part of regular maintenance and risk management
- After significant weather events, renovations, or changes in occupancy
Please refer to our annual inspections offer for recurring inspections.
To prepare for a commercial property inspection, please consult our reference resource to learn more.
If you have questions or concerns after receiving the commercial property inspection report, contact us. We’re happy to review our findings, clarify any points of confusion, or provide additional resources or recommendations. If there are issues that require further evaluation or repair, we can guide you on the appropriate next steps, such as contacting a specialist or contractor.