Commercial Property Condition Assessment
ASTM E2018-15
For South Florida commercial real estate buyers, SBA 7(a)/504 lenders, and 1031 exchange intermediaries. Industry-standard PCA reports covering site, structure, envelope, MEP, life-safety, and ADA — delivered at small-business-friendly pricing instead of the $10,000+ engineering-firm rate.
The industry standard
for commercial diligence.
ASTM E2018-15 is the American Society for Testing and Materials standard for commercial real estate Property Condition Assessment. It's what SBA preferred lenders, commercial mortgage lenders, 1031 exchange intermediaries, and serious commercial buyers expect to see for due diligence. The standard defines exactly what's covered, how it's documented, and what disclosures the report must include — eliminating the ambiguity that "I had it inspected" carries on a $2M commercial purchase.
A compliant E2018-15 PCA report includes a scope-of-work narrative, walk-through observations of every major system, immediate-repair cost estimates, a forward replacement reserve schedule (typically a 12-year forecast), photographic evidence throughout, environmental and ADA disclosures, and qualifications/limitations transparent to the lender or buyer. We deliver each of these elements as the standard requires, not a residential template repurposed for commercial scope.
What's in
the report.
Every PCA we deliver follows ASTM E2018-15 scope. Each system below gets its own narrative section, observation log, photographic record, and cost estimate where remediation or replacement is recommended.
1. Site improvements
Pavement, striping, curbs, landscaping, signage, exterior lighting, drainage and stormwater management, parking lot ADA compliance.
2. Structural frame
Foundation, columns, beams, slabs, structural envelope, evidence of settlement or distress. P.E. referral for findings requiring stamped review.
3. Building envelope
Exterior walls, windows, doors, sealants, joints. Water infiltration evidence. Impact-rating documentation where present.
4. Roofing
Roof type, condition, age, remaining useful life. Flashing, parapets, penetrations, drains, gutters. Recommendations for repair vs. replacement timing.
5. Plumbing
Water service, distribution, fixtures, sanitary drainage, storm drainage, water heating. Compliance with Florida plumbing code.
6. HVAC
Equipment type, capacity, age, condition, expected service life. Ductwork condition. Control systems and energy efficiency notes.
7. Electrical
Service capacity, panels, distribution, branch circuits, interior + exterior lighting, life-safety integration.
8. Vertical transportation
Elevators, lifts, escalators where present. Condition, code-compliance notes, certification status.
9. Fire / life safety
Fire alarm, sprinkler systems, extinguishers, emergency lighting, exit signage. Compliance with Florida Fire Prevention Code.
10. Interior finishes
Floors, walls, ceilings, doors, partitions. Tenant space condition where applicable. Move-in / move-out cost estimates.
11. ADA compliance
Public accommodation accessibility per ADAAG. Parking, entrances, common areas, restrooms. Compliance gaps identified.
12. Environmental disclosure
Visible environmental concerns (asbestos-suspect materials, lead paint, mold). Phase I ESA referral when warranted.
SBA buyers · 1031 buyers ·
institutional investors.
Small business owner-occupied purchase
Owner-operator buying their first commercial building (retail, office, light industrial). SBA preferred lender requires E2018 PCA as standard collateral documentation.
- ✓ Lender-ready format
- ✓ Replacement reserve forecast included
- ✓ ADA gap analysis
- ✓ Direct coordination with lender
Tax-deferred reinvestment
Investor exiting one investment property and identifying a replacement within the IRS 45-day identification window. Tight diligence timeline; PCA documents the replacement property condition for the qualified intermediary.
- ✓ Rush 3-business-day delivery available
- ✓ QI coordination
- ✓ Photographic record of all systems
- ✓ Forward 12-year reserve forecast
We also work directly with commercial mortgage lenders, private investors acquiring multi-family 5+ units, 1031 intermediaries, commercial real estate attorneys, and franchise corporate real estate teams. If you're acquiring South Florida commercial property and need an E2018-compliant report at a cost that doesn't kill the deal, we're the right firm.
Transparent pricing.
By square footage.
Engineering firms typically charge $5,000-$15,000+ for E2018 PCA work, with multi-month timelines. We deliver the same ASTM-compliant report at small-business-friendly pricing, with predictable timelines. Final price depends on building age, complexity, and number of tenant spaces.
Pricing assumes Tri-County (Miami-Dade, Broward, Palm Beach). Travel fees apply for Monroe County and northern Florida. Final quote provided after a 15-minute scope-of-work call.
Commercial PCA questions.
Request a PCA quote.
15-minute scope-of-work call. Quote within 24 hours. Site visit within 7 days.