Property Condition Assessments (ASTM E2018)
Pelican Property Inspections, Inc. performs ASTM E2018 PROPERTY CONDITION ASSESSMENTS.
Scott Kaylor is a member of ASTM Technical Committee E50 (Real Estate Assessment and Management) that reviews and updates the ASTM Standard E 2018 on Property Condition Assessments.
This type of inspection is an in depth evaluation of a commercial property. This inspection is based on interviews with management and local agencies, a review of available documents, and an examination of the building and site. The physical examination is similar to our typical comprehensive commercial property inspection. However, a PROPERTY CONDITION ASSESSMENT also includes a general codes compliance evaluation, repair and maintenance issues, capital expenditures, and opinions of probable costs of corrective action. Our report provides a worksheet with estimates of probable costs for repair/replacement that require immediate, short term, near term and long term attention. This repair/replacement reserves worksheet provides the probable costs for the next ten years.
The physical condition of a property is the utmost concern to our clients. Significant physical deficiencies, such as a failed roof or obsolete HVAC equipment, adversely affect the profit margins of investment properties. Our clients benefit from our reports by limiting the potential for financial loss when investing in a commercial property. A Pelican Property Condition Assessment provides our clients with the ability to make an educated decision with regards to their investment.
| Our typical Property Condition Assessment Includes: | ||
| Site | Foundation | Superstructure |
| HVAC | Plumbing | Electrical |
| Exterior | Interior | Roof |
| ADA | Safety Issues | Parking |
Pelican Property Inspections performs Property Condition Assessments throughout Central and Southwest Florida. Please contact our office at (727) 556-0542 for a quote and to schedule an inspection.
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info@pelicaninspections.com
Telephone: (727) 556-0542
Fax: (727) 572-5417
P.O. Box 55095
St. Petersburg, FL 33732