As a pioneer in the field and the premiere trusted provider of residential home inspections, it’s a natural progression for A Buyer’s Choice Home Inspections (ABCHI) to expand into the commercial property condition assessment space – encompassing both lite commercial and heavy industrial commercial inspections.
Having a commercial property condition assessment completed is an essential step toward making informed decisions that can significantly affect a commercial real estate bid. This is an essential due diligence step when purchasing any type of commercial real estate. It will help you decide whether the purchase makes sense and what problems – and costs – you should anticipate with the building.
Commercial property condition assessments demand expertise above and beyond the requirements for a residential home inspection. That’s why ABCHI commercial inspections adhere to the ASTM E2018-15 standard. In addition, ABCHI commercial inspectors are members of the Certified Commercial Property Inspectors Association (CCPIA).
Our commercial property condition assessment includes a thorough visual examination, which provides an inventory of the building’s major systems and components as well as an assessment of their physical and functional condition.
Our commercial assessments are uniquely designed to support the complex needs of commercial mortgage lenders, buyers, sellers and real estate agents. All commercial buildings have limitations, and are generally costly to maintain and repair. This thorough inspection will help convey how well the property is holding up, as well as offer a good idea of anticipated maintenance and repairs moving forward from the day of the walk-through survey.
Walk-through survey
Each commercial assessment begins with a thorough on-site visual examination of the property’s physical condition. Depending on the scope required for a particular property, the inspector may engage a team of specialty consultants.
The assessment is focused on the building’s critical systems and components, which includes:
- Heating and ventilation systems
- Cooling systems
- Plumbing systems
- Mechanical and electrical systems
- Roof surface, drainage and penetrations
- Exterior elements and fixtures
- General topography of the building site
- Parking areas and sidewalks (for accessibility)
- Wood decks and balconies
- Basement, foundation and crawlspace
- Doors, windows and interior
- Life safety components
- Kitchen (including storage)
- Other areas specific to the property
Document and procurement review
The inspector requests and reviews documents and records about the property (ie, lease agreements, Certificates of Occupancy, repair invoices, maintenance records). The inspector will also interview people who are knowledgeable about the building’s condition.
Inspection report
The report contains concise details from the walk-through survey, documents procured, interview results and any other third-party reports ordered as part of the assessment. This report provides an inventory of the building’s major systems and components, and an evaluation of their functional and physical condition. These findings reveal the property’s strengths and potential deficiencies, including deferred maintenance issues.
Contact us today to schedule a Commercial Property Condition Assessment and discuss your specific needs!
