Commercial Property Inspection
HSS Property Inspection provides Commercial Property Assessment Inspections (also known as Due Diligence Assessments) and consulting services to assist investors, companies, developers and lenders in the decision making process when purchasing, leasing, selling, investing, rehabbing, lending and managing property.
We do inspections to (PCA) Property Condition Assessment ASTM E2018-01 PCA and to the more stringent
InterNACHIcomsop-2008
The International Standards of Practice for Inspecting Commercial Properties
Commercial Property Condition Reports Are Custom Made to Meet the Unique Needs of Each Client.
All Commercial Property Condition Assessments, or inspections, are not the same. In fact, reports will vary substantially, based on the particular information clients need relative to a particular property.
Clients come from many sources.
Important Questions to Ask Your Broker When Buying Commercial Real Estate
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Owners often need to know how well a property has been maintained, especially if they have leased the property to a business.
Potential leasers need to know the conditions and expected maintenance costs of those systems and building components they are agreeing to maintain during their lease period.
Buyers require a wide range of information depending on their intended use of the property.
The following list introduces some of the services that may be involved in Commercial Property Conditions report.
Due Diligence
To make a good decision, you need to have important information about the building. What is the condition of the roof and what is its repair history?
What kind of heating and cooling (HVAC) system does the building have; is there
a central plant system, or are there split systems, package units, boilers, chillers, cooling towers, etc?
Do the building plans indicate any significant modifications have been made to the building; are there previous environmental reports, maintenance records for HVAC, roofing, elevators, fire sprinklers, and other installed systems?
Basic Evaluation provides valuable information on:
�� Roofing
�� HVAC or Cooling and Heating
�� Structures, Exteriors, Interiors
�� Plumbing, Mechanical, Electrical
One can also provide:
�� Repair Cost Estimates when required.
�� Five-Year Cost Projections when required.
�� Fire Sprinkler Inspections by an Independent Licensed Contractor
�� Elevator Inspections performed by State Approved and licensed Contractor
�� Phase One Environmental Assessments
�� Life Safety Review
�� ADA — Accessibility Review
Relevant Questions that a Client May ask during a Property Condition Analysis.
How long will the roof last before needing replacement?
How long will the heating and cooling systems (HVAC) last before needing replacement?
Is the electrical system adequate and safe?
Has the building been modified and are proper permits on file and engineering reports available?
How about interior and exterior surfaces?
Have they been well maintained?
When will parking areas need resurfacing or replacement?
What is the status of the building’s
What events would trigger a need to update and what are my options?
(Local jurisdictions often do not require that existing buildings adopt
Property Condition Assessment
Was established by ASTM International (American Society for Testing and Materials) called ASTM E2018-01 PCA. The purpose of this document is to define good commercial and customary practice for conducting a baseline property condition assessment. This document was formed as a guideline to further resolve the conflict between buyers and sellers.
InterNACHIcomsop-2008
The purpose of this document is to define good practice and to establish a reasonable approach for the performance of an inspection of a commercial property.
When contracting a consulting firm to gather information on the suspect property, the firm chosen should have a good working knowledge of the ASTM standards and InterNACHIcomsop-2008. Due to the cost of following the standards in its entirety, many investors choose not to have the entire guidelines followed. Areas of concern are established and those areas are further followed within the ASTM standards.
A typical commercial inspection reviews the condition of the building’s structure and any systems affecting occupancy of the building. The report will describe the building’s physical condition and indicate what may need major repair or replacement.
A typical field inspection can require between 4 hours to multiple days, depending on the size of the building and the scope of work outlined in the clients contract. Moreover, the inspection may be conducted by one or more inspection professionals, depending on the condition, size, and complexity of the project. The report is generated within 2 to 3 days of the inspection. The report includes photographs illustrating the condition of the property as well as any repairs or upgrades that are recommended, and may include a cost estimate to implement recommendations made in the report. All reports are detailed yet easy to read, understand and include photographic documentation, repair and replacement schedules of multiple systems and equipment if applicable. Property Condition Assessment Inspections generally exceed ASTM E-2018 Standards and InterNACHI International Standards of Practice for Inspecting Commercial Properties.
We also do a Standard Accessibility Inspection for Existing Commercial Buildings report to InterNACHI’s International Standards of Practice for Inspecting Commercial Properties
Various laws around the world require public accommodations to provide goods and services to people with disabilities on an equal basis with the rest of the general public. Businesses benefit from the patronage of all people. Those who own, lease, lease out, or operate places of public accommodation should have as a goal the identification and reduction of physical barriers to this patronage. This inspection will help identify possible accessibility deficiencies in existing facilities.
Most laws regarding accessibility only regulate new construction and remodeling and do not oblige existing building owners to reduce barriers if such reduction is not readily achievable. This inspection does not cover all of the possible local, state, provincial and federal requirements regarding accessibility or barrier reduction. The information presented within this report was derived from a visual-only inspection of the property and is intended solely as informal guidance, and is not a determination of legal rights or responsibilities.
This report may be offered in conjunction with a complete commercial building inspection or offered as a separate, stand-alone inspection service.
I can provide you with a reliable, knowledgeable and professional Commercial Property Inspection in any of the following cities and towns in
Contact HSS Property Inspection and Consulting on how we can help. E-mail, Cell phone 419-203-2481, office 419-968-2862 and leave a message or click on the button below and have me call you.
