Typically, the value of a commercial property is based on historical data, its current state, and the potential to grow. Most appraisers set its value based on how much cash flow it generates. Therefore, any value-enhancing strategy you employ will have the potential to increase its income, reduce expenses, or overall equity. One of the best strategies to increase the market value of a commercial property is to improve it structurally.
What is a Structural Improvement?
According to Law Insider, Structural Improvement is defined as "a building or any other addition or alteration to immovable property that becomes part of, or is permanently affixed to, the immovable property including a road, driveway, car park, fence, or wall."
- Concrete Repairs
- Building Additions
- Roofing Repairs
- Demo Existing Facilities
- Steel Fabrication