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How zoning affects your commercial property purchase in Utah

On Behalf of | Jul 5, 2023 | Real Estate |

Investing in commercial property represents a significant step and an exciting venture. Going through the buying process requires you to understand that zoning laws impact your new property significantly. These rules stipulate how you can use the land and which types of businesses can operate on it.

Here is how zoning can shape your commercial property purchase in Utah.

Decoding zoning laws

Local governments set up zoning laws, which dictate how a property owner can use a piece of property. These regulations classify areas into different zones, such as commercial, residential, industrial and agricultural. Each zone has its own set of rules regarding the types of buildings and businesses that can exist there.

If the property falls under commercial use zoning, you will need to find out which type of commercial activities are permissible, for instance, whether the zoning allows for retail or manufacturing businesses.

Zoning’s impact on your property purchase

Zoning decides what you can do with the property. If you buy a property with the intent to open a restaurant, but the area does not have zoning that allows for that use, you may encounter difficulties. You would need to either seek a change in the zoning designation, which can be a lengthy and uncertain process, or rethink the use of your property. Besides that, If you plan to expand your business in the future, you need to ensure that the zoning laws permit such growth.

Before buying commercial real estate, confirm the zoning designation of the property and understand the uses permitted under that classification. By factoring in zoning early in your search, you can find a property that aligns with not only your current business needs but also your plans for future growth.