Vancouver Industrial
Owner-user buyer

Industrial Building Evaluation Sheet

Cosmetic finishes don't drive industrial value. Function does. Here's what to actually evaluate.

4 min readFor: Owner-user buyers, investors, owners stress-testing their own building

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  • Dock-high count, truck approach, turnaround radius
  • Grade-level count, ramp slope, door dimensions
  • Drive-in vs back-in dock configuration
  • Trailer parking depth and security
  • Dock seals and levelers, condition

Clear height + structure

  • Real usable height under joists and ducts (not advertised)
  • Column spacing and bay depth for your equipment
  • Roof condition, age, remaining warranty
  • Floor slab rating (lbs/sq.ft.) for your inventory
  • Crane rail capacity (if applicable)

Power + utilities

  • Amperage and voltage (current and upgrade capacity)
  • Three-phase availability
  • Sub-panel layout and capacity for new equipment
  • Sprinkler type and density (ESFR vs standard)
  • Gas service and capacity
  • Drainage, sewer connection, oil interceptor

Yard + parking

  • Yard size, fencing condition, drainage
  • Parking stall count and accessibility
  • Customer drop-off vs employee separation
  • Security: lighting, cameras, fence access points

Zoning + entitlement

  • Permitted use exactly matches yours
  • Additional use rights for future operations
  • Redevelopment risk in the area
  • Heritage or character restrictions
  • Setback / coverage limits if you expand
"A generic I-2 zoning won't save you if your use isn't actually permitted."

Operating economics

  • Realistic operating cost vs marketing pro-forma
  • Property tax assessment trajectory
  • Insurance class and replacement cost
  • Capex required in the next 5 years (roof, HVAC, dock, paving)
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