Environmental Consulting Services > Sustainable Building & Consultant > Property Condition Assessment

There are many factors that should be taken into consideration before you ultimately settle on a piece of commercial property for your business. Of these various considerations, one of the most important is the state of the commercial property in question; the property must be thoroughly evaluated for any deficiencies, flaws, structural defects, and other issues. This evaluation allows you to objectively appraise the property and can help you ascertain its true value in light of the costs associated with getting the property up to your business standards.

A property condition assessment is the process of formally evaluating a piece of commercial property. At the end of this process, a report is generated, detailing the overall condition of the property. Typically, the ASTM E2018 Commercial Condition Report standard is followed when doing a property condition assessment; depending on prevailing circumstances, the nature of the business, or the wishes of the prospective customer, this standard may not be fully adhered to.

Property condition assessments are usually carried out well trained property inspectors. Some things that are evaluated during a typical property assessment include:

• Structural foundation and framing of the building
• Building site
• Electrical systems and plumbing
• Stairways and hallways within the building
• Heating and cooling systems
• Fire as well as any other relevant alert systems
• ADA compliance such as handicapped parking, elevators, and wheelchair-accessible doors
• Lighting both inside and outside the property.