Commercial Property Condition Assessment
A PCA (ASTM E2018) evaluates commercial property: structural, mechanical, building envelope, site improvements, and ADA compliance. Includes capital reserve analysis (10-12 year projection of replacement costs). Performed by licensed engineer/architect. Cost varies by property size and complexity. Used for acquisitions, refinancing, and portfolio management. Reviews documents, inspects, and interviews staff.
Components
- Structural, mechanical, electrical
- Building envelope, site improvements
- ADA compliance
Capital Reserve
- Remaining useful life of components
- Replacement cost estimates
- 10-12 year projection
Process
- Physical inspection, document review
- Staff interviews
- Licensed engineer/architect
Related Terms
- Due Diligence — Investigation
Barnes Walker Commercial RE
Barnes Walker’s attorneys advise on commercial due diligence in Florida. Request a legal inquiry for assistance.
Reviewed by the attorneys at Barnes Walker, Goethe, Shea & Robinson, PLLC