A property zoning report provides a helpful look into commercial real estate trends and offers the insight you need to make informed decisions—all while keeping you ahead of the curve.
While property zoning reports are perhaps the best way to investigate the use and restrictions of a property, they are also a great way to stay on top of important real estate trends, identify new opportunities, and more.
National Due Diligence Services (NDDS) offers more than 25 years of experience in the field of property zoning and is one of the fastest-growing commercial due diligence firms in the nation. No matter your project—from a complex single site to a multi-state or multi-site job—we feature a one-stop-shop model to suit any zoning report need.
Read on to learn exactly how helpful a property zoning report can be in getting ahead of commercial real estate trends and making the most of your investment.
What Is a Property Zoning Report?
A property zoning report is a document that is created based on an examination of public records like permits, ordinances, zoning maps, and site inspections in order to determine the zoning conformance of a property. This conformance status can include “legal conforming”, “legal non-conforming” (or grandfathered), or “illegal non-conforming.” This report usually includes restrictions, limitations, and zoning classifications, as well as helpful information on pending zone changes or variances that could impact a property’s use.
Ordering a property zoning report is a crucial part of due diligence as it can notify you of any commercial manufacturing restrictions or environmental regulations that could impact your operations. When you are aware of these issues beforehand, you are able to avoid making a poor investment or dealing with costly compliance problems.
Keep in mind that an American Land Title Association (ALTA) Survey with a minimum of Table A Items 4, 7, and 9 is required in order to finalize a zoning report.
How to Stay Ahead of Commercial Real Estate Trends
In the commercial real estate industry, it is crucial to stay on the cusp of advancement. The global commercial real estate market is not slowing down any time soon, with a growing market worth of more than $34 trillion. A property zoning report provides all of the key details you need to understand the past, present, and future of your property so you can make the smartest business moves.
There are quite a few ways that a property zoning report can help you stay ahead of commercial real estate trends.
- Helps You Understand the Market – Because it is extremely detailed, a property zoning report includes everything you need to know about the building limitations in your area. This will help you understand what types of businesses are permitted and those that are in high demand, as well as how yours is set to perform.
- Assists in Identifying New Opportunities – A property zoning report will always showcase any locations that are going through zoning changes or rezoning. This will help you understand which areas are undergoing commercial real estate development and may be set to grow exponentially. This way, you can keep an eye on new investment opportunities before they even happen.
- Provides Insight into Risk – In order to do your part to make sure your commercial property thrives, it is essential to do your due diligence. By understanding the risk involved with a property—environmental restrictions, zoning limitations, or other—you can move forward with your investment or choose a different one that makes more sense.
- Allows You to Plan Ahead – With a property zoning report, there is no need for a guessing game. The document will always display planned developments that could increase the area’s value, upcoming zoning changes that might affect the use of your property, and more. This way, you can make the most proactive decisions based on current and upcoming trends.
Schedule an Assessment with National Due Diligence Services
NDDS has more than 25 years of experience and is one of the fastest-growing commercial due diligence firms in the nation. If you are ready to initiate a Property Zoning Report, our team is here to help you through the process in a way that is seamless, efficient, and compliant with all necessary regulations.
NDDS also specializes in Environmental Assessments, Zip Maps, Land Development Services, and more. Contact us today to speak with a member of our team and learn all that our one-stop-shop services can do for your property.
