Building a commercial property

[Rob McGahen]

I'm looking at building a commercial property, part of which I will use for another business that I own, the rest I plan to lease out to other companies/individuals.

I had thought about buying and converting a building to fit my needs, but after doing research, I discovered that I could build a building to my needs for half the price of buying a similar sized building - and that's before factoring in costs to convert the building.

So the question that I have for those who have built their properties is: Is there a guide or checklist that I need to ensure that I have things done in the proper fashion. I'm talking more along the lines of permits and making sure everything is good to go with the city that I build in. In addition, are there things you wish you knew before you built your first property that would help me in my journey? Thank you!

[Greg Dickerson]

@Rob McGahen I grew up in Pensacola. I went to Booker T Washington High. Love Pcola.

One thing is do not close on the land until you get all the entitlements. 

First step is to discuss the property and project with the city to make sure you can do what you intend. They will tell you the process, timeline, permit, bonding and impact fees if any etc. you Leo need to check on utilities serving the property.

Once you determine the project lols feasible you want to get the property under contract contingent upon getting all permits and approvals for what you want to build.

Next you can engage a design build GC to handle the entire process for you or you can hire architects, engineers separately to do the design then engage a GC for buds and construction phase. Either way the GC will handle getting all permits.

Feel free to reach out if you would like to discuss in more detail.