Commercial inspections are conducted on small commercial buildings such as apartment complexes, motels, office buildings, retail stores and warehouses.
Commercial building inspections in some ways are very similar to home inspections there are some obvious major differences but the outcome is the same. Hiring a professional commercial building inspector can save you a lot of headaches down the road.
First off a Commercial Building Inspection is totally separate from an appraisal. An appraisal is meant to establish a fair market value for a property, an inspection is meant to establish the condition of a property. Once a condition has been established then the value can be assessed.
Building Inspections are important so as to maintain the safety and cleanliness of commercial buildings for both employees and customers alike.
As important as they are, however, they can be problematic if you don’t know what an inspector is looking for and how you can fix any problems that exist before they arrive.
But keep in mind that it’s always better to have a problem fixed properly, as the aspects of the building that are inspected often have to do with health and safety.
For a commercial building, there are many things an inspector will be required to check, including all accessible parts of the property, both interior and exterior, rooftop areas, the site of the building itself, and any basement levels.
The general list of things that will be checked include garages, carport or sheds, steps, fencing, retaining walls, separate laundry or toilet areas, surface water drainage, storm water runoff, and paths and driveways.
A baseline commercial property inspection includes:
- Site Characteristics (paving, landscaping and utilities)
- Structural Frame and Building Envelope
- Roof Surface Areas
- Mechanical and Electrical Systems
- Plumbing Systems
- Heating Systems
- Air Conditioning and Ventilation Systems
- Vertical Transportation
- Life Safety/Fire Protection
- Interior Elements
- Document Review
- Opinions of Probable Costs
This information helps owners and buyers understand the operation and maintenance that will be required and gives confidence to prospective investors.
Inspection Reports, What is a property condition assessment?
Unlike residential home inspections, commercial property inspections are commonly referred to as Property Condition Assessments or simply PCAs. According to the ASTM Guide E-2018 for Property Condition Assessments, section 2.3.26, a Property Condition Assessment is defined as: 'the process by which a person or entity observes a property, interviews sources, and reviews available documentation for the purpose of developing an opinion and preparing a property condition report (PCR) of a commercial real estate's current physical condition'. The definition goes on to state that, 'at the option of the user, a PCA may include a higher or lower level of inquiry or due diligence than the baseline scope as described in this Guide'.
This is a basic guide to Commercial Property Building Inspections. If you live in the Minneapolis Saint Paul, Minnesota area you should contact inspections Plus Guru to get a complete overview of the commercial building inspection process.
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