Neglected Commercial Spaces: How Big Is the Problem?

Posted on Mar 7 2017
Type Insights

neglected commercial spaces

 

BuildFax recently published a study about neglected commercial spaces. We looked at the more than 5.2 million commercial properties in our database and took a representative sample, where we have more than 30 years of data coverage. We flagged these properties for permit activity in 10, 20, 30 and 30+ year time frames. The results highlight:

 

  • The surprising number of neglected commercial structures in the US (buildings that haven’t had a permitted update in over 30 years)
  • A complete breakdown of neglected, aging, and maintained commercial buildings

 

To read the whole thing, click here or click the button below.

 

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