Property Condition Assessment - What is one?
Property Condition Assessments are an important building block in providing proper due diligence for your commercial real estate transaction. A pre-acquisition inspection provides appropriate due diligence for real estate transactions to investors, owners, businesses, lenders, attorneys, and property managers. Part of the Due Diligence process is identifying liabilities that are gained from a visual inspection of the property and record review. Due Diligence reports provide commercial clients the information they need in order to make appropriate and informed decisions.
At Cavalier Property Group, we follow a detailed and thorough inspection process to provide you with a comprehensive report on the condition of the property. Our process includes a visual inspection of the property's major systems, including HVAC, plumbing, electrical, roofing, and structural components. We provide detailed documentation of our findings and cost estimates for any necessary repairs or replacements. We're committed to helping you make an informed decision about your property purchase. Contact us today to schedule an inspection.
What is observed during an inspection
Whether you’re a potential buyer or current owner of a commercial building, having a detailed evaluation of the building and its systems is an important step in the buying and selling process. Below is what a typical property assessment may cover:
​Site and Grounds: Pavement, curbs, loading docks, walks, landscaping, irrigation, site drainage, exterior lighting, walls, fencing/railings, signage, and exterior amenities.
Structural Systems: Foundations and structural framing of walls, columns, intermediate floors, and roofs.
Building Envelope: Roofing systems, exterior finishes, stairs and steps, exterior doors, and windows.
Interior Building Components: Interior finishes of common areas and tenant spaces. Soft goods' condition is not assessed.
Mechanical Systems: Property-owned electrical, heating, ventilation/air conditioning, plumbing, and conveyance systems.
Regulatory Compliance: Life safety, fire suppression systems, and a general visual review of property compliance with the Americans with Disabilities Act (ADA). We also contact local building, zoning, and fire authorities to identify any outstanding code violations.
​The industry standard for Commercial Property Condition Assessment (PCA) is ASTM E2018-15, encompassing a prescriptive narrative on research and preparation of the PCA and PCR (property condition report). We adhere to the ASTM guidelines for all inspections, providing clients with expected service life and cost estimates for repairs and replacements.
Why Cavalier Property Group LLC?
Property inspection is our only business. We are impartial and work only for you. Our job is to provide you with a comprehensive, fair, independent, unbiased objective evaluation so that you can understand and take care of your valuable investment.
We are a small specialized company who can give our clients the attention and responsiveness they deserve without the high costs of covering large overhead expenses. In addition, we have close relationships with specialized professionals within fields such as HVAC & electrical, industrial hygiene community, remediation, structural, site contractors, and other professionals that may lend technical support to especially unique and challenging projects.
Trust us for a thorough Property Condition Assessment, where attention to detail and adherence to industry standards ensure a comprehensive evaluation of your property's condition.
An informed buyer or seller simply makes better decisions. Contact us at (407) 848-0037 to schedule now. We serve the Greater Central Florida Region and surrounding areas.
Some of our 2024 Projects
Bank Draw: Residential High-End 4,780 SQFT home near the ocean in the Greater Jacksonville Area. This was a final Draw Inspection for 100% completion.
Bank Draw: Residential High-End 5,450 SQFT Home on the water in the Orlando Area. This was a second Draw Inspection.
Bank Draw: Residential Home - 4310 SQFT in Eustis. This was a second Draw Inspection.
Bank Draw: Residential Farm Style home in Apopka. 4050 SQFT. This was a second Draw Inspection.
Commercial Bank Draw: 9700 SQFT 3-Unit Retail Building in the Seminole County area. This was the fifth Draw Inspection.
Project Bank Draw: Brownfield Remediation and Site Development in the Osceola County area. 50% Progress Inspection.
Progress Inspection: Perform owner third-party inspection of balconies on new construction of 6640 SQFT home in Montverde.
Bank Draw: 55 Unit Apartment Building Inspection in Seminole County. Inspection of sheetrock completion in entry.
