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If you’re considering purchasing a commercial property, it’s essential that you make sure your investment is sound before it’s too late. Commercial property surveys are designed to assess the condition and value of buildings or lots that are zoned for business use. Whether you’re looking for a new investment that you can lease out to tenants or trying to start a business in a new location, here’s why getting a survey is an important step in the process.

Important Benefits of Commercial Property Surveys

They Call Attention to Potential Issues

The materials and techniques used to construct commercial buildings and grounds are completely different from those used in homebuilding. A professional with experience in commercial property surveys will determine the soundness of the structure or foundation and find any potential issues that may lead to hazards or repairs. When you have this service completed early on, you can either adjust the sale price or complete any necessary repairs before occupying the space.

They Protect Your Investment

commercial property surveysIf you have a survey completed before purchasing, it could help you determine if the sale price is actually worth the investment. It’s also useful for those who are leasing a space. A professional survey at the beginning of the lease period will give you a full picture of the condition of the space, protecting you in case the landlord claims that you’re responsible for any damages or issues that may have been present beforehand.

They Improve Safety Conditions

Safety should be the top priority for any building owner or tenant. With a full survey, you’ll locate any potential hazards, from structural movement to flood zone risks. Surveyors will also help you determine whether you have enough escape routes or other precautions in place in case of emergencies. 

 

If you’re interested in learning more about commercial property surveys or securing one for your own building, contact the professionals at Ferguson & Foss Professional Land Surveyors PC in Johnstown, NY. This land surveyor has been serving residents and commercial property owners since 2005 and has 68 years of combined experience. They produce certified survey maps of a variety of property types, giving buyers and residents peace of mind and a full picture of their investment. Call (518) 762-9997 or contact the team online to request service.

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