Jump to Navigation

How to evaluate a commercial real estate opportunity

The details of a commercial real estate transaction can vary depending on the type of property purchased. For instance, the due diligence process for an industrial building may differ from the process surrounding the purchase of a multifamily home. How long it takes to complete may depend on where the property is located. Therefore, if the property is located in Texas, a buyer should look up permit and other requirements needed when evaluating a potential purchase.

An individual who wants to buy an industrial property may need to meet the environmental requirements set forth by a state. It will also be worth conducting an inspection of the building itself. This should be done by a professional who can check the roof, HVAC system and any other important components of the structure. It may also be a good idea to have a professional review any reports already created in an effort to determine if a building is worth purchasing.

Anyone who is considering buying a commercial property will also need to review it from an investment standpoint. This means looking at current cash flow, tax implications of owning the property and anything else that could have an impact on a potential return on investment. Ideally, such a review will occur with the guidance of an attorney or other relevant professionals.

Taking the due diligence process seriously may reduce the chances of real estate disputes. This is because it may be possible to find any problems such as liens or judgments pending involving a given property. Going through this process may also make it possible to determine the most appropriate source of financing for a purchase. Additionally, a comprehensive review of a transaction may allow a buyer to create a plan to obtain required permits promptly.

No Comments

Leave a comment
Comment Information
fill out our 1-step form ›

Let Us Help You -
Contact Our Firm Today:

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Office Location

The Jackson Law Firm
3900 Essex Lane Suite 1116
Houston, Tx 77027

Local 713.574.5181
Toll Free 877.475.3058
Fax 713.527.8850
Houston Law Office Map

Review Us
FindLaw Network Subscribe to this blog's feed ►