Commercial inspections can often seem complicated initially. Trying to manage a large building where people are constantly coming in and out and maintaining facilities and operations are daunting tasks! Add a commercial inspection to the mix, and there is an extra level of nervousness. There might be worry about what to expect, whether to prepare anything beforehand or about how much a commercial inspection will cost.
However, if you’re working with the right inspection company, you won’t really need to worry about this. The right company should be able to put you at ease about what the commercial inspection process will entail, what is required from your operations team, and associated costs.
To better navigate the commercial inspection process, we’ve put together a quick guide to help you through it:
Why do I need a commercial inspection?
Commercial inspections can be useful if you’re thinking about expanding or investing more into your current commercial property. They are also a necessary part of the process if you choose to sell. Either way, a commercial inspection can help you assess where improvement is needed, where you may need to invest more to get the building in good shape if you decide to sell in the future.
How much does a commercial inspection cost?
The prices will vary, so it’s essential to do research and understand what the costs include. Most commercial inspections are priced by the square foot and can start from $200-$300 and go up based on how large the space is.
Generally, commercial inspections are priced as a flat fee, but if other technicians need to be involved, such as HVAC or other specialized services, that will drive the cost up. Work with your commercial inspection company to understand their pricing and make sure to ask questions about things you are not sure about so there are no surprises down the line.
What is the commercial inspection process?
A professional and experienced commercial inspection company will follow a Property Condition Assessment when inspecting your property. These are guidelines set by the American Society for Testing and Materials and include a few different things. A commercial inspection team will conduct a walk-through survey to identify any issues or maintenance needed. They will also review documents such as floor and building plans, permits, licenses, and any other documentation. The team will also interview staff and teams as part of the commercial inspection report.
What is included in a commercial inspection?
A baseline Commercial Building Inspection will consist of looking at a few parts of the building. For more specialized or detailed assessments, technicians will likely need to be called in, but that is something that the inspection team will raise if necessary. A commercial inspection will look at:
Mechanical and electrical systems
Heating, air condition, and ventilation
Safety and fire protection
Additional services and assessments may also be available depending on needs. After all of the checks are complete, your commercial inspection team will provide recommendations in their report.
While this is a general overview of a commercial inspection and how much a commercial inspection costs, it is by no means comprehensive! Based on additional needs, you can opt for other services and technicians to provide a holistic overview.
The best way to ensure that your commercial inspection goes smoothly is to work with an experienced and professional team to guide you every step of the way. Whether you’re a commercial property buyer, seller or realtor, we’re always here to help. Get in touch today to learn more about our commercial inspection process and how we can help you!