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Epoch Property Inspections
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Commercial Property Inspection - Commercial Property Condition Assessment (PCA) - Real Estate Inspectors - www.epochinspections.com
Commercial Property Inspection - Commercial Property Condition Assessment (PCA) - Real Estate Inspectors - www.epochinspections.com

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General Descriptions of Professional Property Condition Assessment and Real Estate Inspection and Due Diligence Services:

Commercial Property Inspection:

Commercial Property Inspection Services including building(s) and grounds with standard physical conditions and deficiency correction report geared towards property occupancy and short term capitol expense planning - recommended for newer construction property transactions.

Facility Condition and Maintenance Budgeting Survey and Report:

Commercial Property Inspection Services including building(s) and grounds with emphasis on Ownership maintenance and repair cost Planning.

Limited Environmental Transaction Screening:

Limited Commercial Property Inspection and survey and Due Diligence focused on review of possible petroleum or related chemicals contamination of the subject property or adjacent properties - ASTM Standard E1528
(no actual sampling or testing occurs).

Energy Efficiency Measure Survey and Report:

Commercial Property Survey and Report Services geared towards identification of existing installed energy efficiency measures within a facility for condition and benefit and recommendations in regards to additional available modern energy efficiency methods and technologies.

Commercial Building Inspection:

Commercial Building Only Inspection services with standard physical conditions and deficiency corrections report geared towards short term costs associated with land locked or single unit within larger multi-unit construction Tenant or Owner sales and lease transactions.

Commercial Real Estate Inspection:

Commercial Property Inspection Services including Building(s) and grounds geared towards property purchase and first cost items in relation to a commercial real estate transaction.

Commercial Property Condition Assessment (PCA):

Comprehensive Commercial Property Condition Assessment (PCA) Services with Enhanced physical conditions and deficiency correction report with Property Research and abbreviated accessibility survey geared towards immediate and reserve expense items during the proceeding 10-year time frame or longer - Essential for large purchases and investments - Often paired with and environmental screening or assessment - ASTM Standard E2018.

ADA Accessibility Compliance Survey and Report:

Commercial Property Accessibility Survey including measurements of heights and grades and dimensions and required actuation forces of installed site and facility components and comparison of results to the 2010 ADA requirements.

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Commercial Real Estate Condition Due Diligence Importance and Process Abbreviated Summary:

The purpose of all Commercial Property Condition Assessments (PCAs), ASTM standard E2018, is to make sure that the property you believe you are purchasing or leasing is actually the property being received. You will reach that decision, in part, from the information attained via a professional inspection and Property Condition Report (PCR). Every real estate transaction is different and each transaction has its own unique set of considerations and conditions to validate before finalized. The utilization of professional third party experts in the physical property due diligence process is critical to the overall accuracy and cost efficiency of your property transaction.

The Purchase or Leasing of Commercial real estate, whether it be a basic commercial net lease, a commercial triple net lease, the purchase of a church facility, a retail outlet, or the purchase of a million square foot office/warehouse, the prospective buyer or lessee absolutely must conduct an adequate level of due diligence when investigating the physical quality of the commercial real estate they are investing in.

You need to know not only the physical characteristics of the real estate being acquired, but the approximate condition and age, to assess the good with the bad, such that you can adequately balance the risks and rewards being offered in conjunction with your real estate deal. The single most important part of the real estate transaction process, aside from the purchase price and profitability balance, is a well-documented review of the actual physical condition of the real property. Otherwise, you could find yourself the not so proud owner of a commercial property that, doesn’t suit your needs, costs more than you can afford in upkeep, or the ultimate remorse for investors – capital expenditures are being sunk into a property on a regular basis that someone else is utilizing and making money off of, and you are not. Suddenly, that long term lease with a solid anchor doesn’t seem so attractive anymore.

The process of commercial real estate inspection begins before the offer to purchase real estate is drafted or signed, by visiting the site and discussing the physical condition of the property with the Owner and real estate brokers. This process should be considered invaluable to establishing relationships required to obtain the information that will be necessary to concrete your due diligence with a Commercial Property Condition Assessment (PCA).

During negotiations and drafting of the real estate sales/lease contract it is important to recognize seller or lessor reluctance to points such as the existence and availability of important documents such as warranties, maintenance contracts, architectural and engineering plans and/or local municipality reviews and inspections. Negative reaction to the request for release of these documents by seller or lessor can imply possible deferred maintenance and/or inattention related to property condition and inspection issues.

Once the commercial real estate sales contract is signed the due diligence period begins, focus on maximizing efficiency of time and cost and prioritizing concerns to start checking off the costly big ticket items from the top down. Assuming adequate documentation is furnished by the seller for review, adequate time should be allotted to verify the information provided. Additional effort and monies that that will need to be spent to make up a shortcoming of available documentation through extra property condition assessment and additional field inspections and/or experts should be considered essential and figured into the cost of the property transaction. Ask the seller for all documents and contacts the seller received during his due diligence process when he purchased the property to speed up fact finding.

Review of existing property documents where available may include:

Accessibility surveys, Architectural Building plans, Certificates of Occupancy, Citations from Authorities Having Jurisdiction, Emergency evacuation plans, Environmental studies, Electrical System Construction plans, Fire-detection test and maintenance records, Fire-door inspection reports, Fire-Protection System Construction plans, Fire and Restoration records, Maintenance records, Mechanical System, Construction plans, Violation Notices from Authorities Having Jurisdiction, Construction Permits, Plumbing System Construction plans, Previous inspection reports, Roofing System Construction plans and Warranties, Safety inspection records, Seller condition disclosures, Sprinkler System Test Records, Systems and Material Warranties, Current tenant information, Current policy of title insurance, Notices of any environmental conditions, Notices of any new or special assessments or taxes, Copies of all current bills for the property, Service contracts, Evidence of current zoning, As-built plans and specifications, All construction related documents including warranties, All past and present uses of the property, Third party reports or inspections, Any surveys of the land and improvements in seller’s possession.

One of the best tools available to the commercial property due diligence team is the interview process which can unlock a plethora of potentially useful information regarding the subject property.

Interview of any available key personnel with specific knowledge of the property conditions may include:

Owner, Tenants, Maintenance Foreman, Contracted maintenance services personnel or other contracted companies that routinely work on the property.

Property Inspection, Real Estate Inspection, Due Diligence Survey, as they may be labeled in the due diligence report is essential to ensure sufficiency of construction considering the intended use of the occupants and the surrounding geography and climate. The furnishing of any available plans and specifications should be helpful here, but will not end the investigation. A current commercial property condition assessment should be done by a qualified third party inspection company experienced in the type of property to be inspected. A previously performed property condition assessment or inspection is nearly always furnished for the use of a single party in a single transaction and is protected under law and not reusable nor transferable to any other party. The focus of the inspection should be primarily on site condition and building components such as the site drainage, parking, building structure, mechanical and electrical systems and general accessibility and usability of the property. Various climates and geographical regions will require more specific inspection knowledge, thus hiring a local inspector is always a good idea if possible, in lieu of hiring a company out of Kansas to perform due diligence on a California high-rise building on a fault line.

Site Survey and Walk-Through to Observe Existing Conditions may include:

Grounds and Topography, Parking, Paving, Access, Building Exterior and Façade, Building Interior, Roofing systems, Structural systems, Mechanical systems, Electrical Systems, Plumbing systems, Fire-protection systems, Vertical transportation systems, and any number of other specialty systems.

The 2010 Americans with Disabilities Act is the current guideline for accessibility standards nationwide and is a federal law, hence non-negotiable and to an extent, yes, it’s retro-active even for older commercial and public buildings. Many states also have additional and/or more stringent or specific accessibility standards as well. Most professional property condition assessment and inspection companies can also perform both abbreviated and complete accessibility surveys as part of a real estate transaction.

Basic abbreviated and full compliance Accessibility surveys may include:

Abbreviated survey looking only for basic ADA Accessibility components visible during the walk-through and documented according to the ASTM abbreviated survey form and checklist gives a quick check as to the general status of compliance. Full compliance survey involves physical measurements of distances, slopes, and push/pull forces required within the accessibility standards to allow for a certain level of physically disabled person to be able to successfully navigate a property, site, and building.

Environmental Due Diligence known as Environmental Site Assessment (ESA) is the most utilized Environmental Inspection Report. The typical level of report preferred by lenders to demonstrate adequate due diligence is called a Phase I Environment Site Assessment ASTM standard E1527. This explores the past use of the property and the surrounding properties to identify any potential onsite or adjacent environmental problems or future liabilities. These reports normally require a significant monetary investment and take a number of weeks to complete so they should be done as soon as you have determined you will be moving forward with your due diligence. The purpose of this inspection is to determine if the property contains any hazardous materials or poses a threat in any way to its surroundings. This could be caused by underground storage tanks located on the property or runoff from the property into the water table or any other number of hazards listed by the Environmental Protection Agency. While the report is expensive, the cost of cleaning up an environmental hazard can be astronomical. While not every deal will require you to obtain a Phase I Environment Site Assessment, many lenders will require it as part of their loan guidelines. In case of a fairly new development with a clean environmental record and no neighbors of an industrial nature, a simpler less expensive and much quicker Environmental Transaction Screening ASTM standard E1528 may satisfy lender and legal requirements.

Any basic environmental due diligence report may include:

Research of historical site usage, aerial photography records, property transaction records, construction records, EPA mapping data, local municipality topography mapping, and a through site walk-through to visually identify potential environmental issue indicators.

The information contained herein is purely professional opinion and provided for general real estate inspection reference only and is not intended in any way to be a definitive guide, nor a guarantee of past, present, or future legal or
state or federal requirements, nor a measure of performance of any professional services company. Best of luck to you in all of your future property dealings!
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Epoch Property Inspections, Inc.

Accurate and Affordable Commercial Property Condition Assessment, Commercial Property Inspection, and Commercial Building Inspection Services. Our friendly and knowledgeable professionals have decades of in-depth property and building inspection, reporting, budgeting, construction, and architectural engineering experience. Concrete Your Due Diligence with Expert Inspection Services!

- Commercial Building Inspection
- Commercial Property Inspection
- Commercial Property Condition Assessment (PCA)
- Commercial Property Environmental Transaction Screening
- Commercial Real Estate Inspection
- Accessibility and Compliance Survey and Report
- Facility Maintenance and Budget Planning Survey
- Retail, Industrial and Maintenance Building Inspection
- Multi-Residential and Mixed-Use Property Inspection

Accurate reporting using the latest software and state-of the-art tools. Professional recommendations to remedy any issues or deficiencies documented are included, accompanied by useful cost estimates to help you grasp and negotiate the financial aspect of your deals, satisfy lender requirements, aid in planning for future maintenance budgeting. Serving a variety of Clients including Property and Building Owners, Investors, Property Managers, Lessees and CRE Real Estate Professionals.

A member of ASTM, EnergyStar, BBB, USGBC, our Reports (PCR) are produced in accordance with ASTM general assessment guidelines. We specialize in complex systems and energy saving systems commonly found in modern facilities.

Licensed, Insured, and Verified. Serving the upper Midwest, Illinois, Wisconsin, Indiana, Chicago, Milwaukee, Schaumburg, Gary and all areas in between. Contact us for a free quote by phone, or fill out the easy online quote form on our website!

https://www.epochinspections.com

Commercial Property Inspection

Commercial Property Inspection Services including Building(s) and Grounds with Standard Physical Conditions and Deficiency Correction Report. Geared Towards first cost real estate transactions as well as Property Occupancy and Maintenance Issues.
https://www.epochinspections.com/index.html

Commercial Building Inspection

Commercial Building Only Inspection Services with Standard Physical Conditions and Deficiency Corrections Report. Geared towards first cost real estate transactions.
https://www.epochinspections.com/services.html

Facility Condition and Maintenance and Budget Planning Surveys

Commercial Property Inspection Services including Building(s) and Grounds with Standard Physical Conditions and Maintenance Planning Report. Geared Towards Property Occupancy and Maintenance Issues.
https://www.epochinspections.com/property-types-assessed.html

Commercial Real Estate Inspection

Commercial Property Inspection Services including Building(s) and Grounds with Standard Physical Conditions and Deficiency Correction Report Geared Towards Property First Cost Purchase Issues.
https://www.epochinspections.com/commercial-inspections.html

Industrial and Retail Real Estate Inspection

Industrial or Retail Property Inspection Services including Building(s) and Grounds with Standard Physical Conditions and Deficiency Correction Report Geared Towards Property First Cost Purchase Issues.
https://www.epochinspections.com/contact-and-quotes.html

Commercial Property Condition Assessment - PCA

Comprehensive Commercial Property Condition Assessment (PCA) Services including Building(s) and Grounds with Enhanced Physical Conditions and Deficiency Correction Report Geared Towards Immediate and Reserve Expenses Property Purchase and Occupancy and Maintenance Issues During the Proceeding 10-years or more - ASTM E2018 Standard.
https://www.epochinspections.com/about-us.html

Limited Environmental Transaction Screening

Limited Commercial Property Inspection and Survey and Due Diligence Services focused on possible petroleum and related chemical contamination on the subject or adjacent properties (no actual sampling or testing occurs) - ASTM E1528 Standard.
https://www.epochinspections.com/condition-assessment-guide.html

Accessibility Survey and Report

Commercial Property Accessibility Survey Services Including measurements of Physical Clearances and Heights and Grades and Forces Required to Accuate Components to Determine Level of Accessibility compliance and Recommendations for Improvements.
https://www.epochinspections.com/contact-and-quotes.html

Energy Efficiency Measures Survey and Report

Commercial Property Inspection Services Geared Towards Identification of Existing Energy Efficiency Measures and recommendations on Possible Enhancements to Improve Efficiency.
https://www.epochinspections.com/index.html

Check us out on Google+ - https://plus.google.com/+Epochinspections123
Check us out on Facebook - https://www.facebook.com/epochinspections/
Check us out on Linkedin - https://www.linkedin.com/company/epoch-property-inspections-inc.
Check us out on Twitter - https://twitter.com/EpochInspection
Check us out on Youtube - https://www.youtube.com/channel/UCJWWJxOwa2tqi7_ig1fzjzg

Epoch Property Inspections, Inc. - Ingleside, Illinois 60041 – info@epochinspections.com - Serving Chicago and suburbs, Milwaukee, Rockford, Illinois, Wisconsin, Indiana and much of the Upper Midwest. Contact Us for specific areas and availability and a free consultation or quote!

Post has attachment
Epoch Property Inspections, Inc.

Accurate and Affordable Commercial Property Condition Assessment, Commercial Property Inspection, and Commercial Building Inspection Services. Our friendly and knowledgeable professionals have decades of in-depth property and building inspection, reporting, budgeting, construction, and architectural engineering experience. Concrete Your Due Diligence with Expert Inspection Services!

- Commercial Property Inspection
- Commercial Building Inspection
- Commercial Property Condition Assessment (PCA)
- Commercial Property Environmental Transaction Screening
- Commercial Real Estate Inspection
- Accessibility and Compliance Survey and Report
- Facility Maintenance and Budget Planning Survey
- Retail, Industrial and Maintenance Building Inspection
- Multi-Residential and Mixed-Use Property Inspection

Accurate reporting using the latest software and state-of the-art tools. Professional recommendations to remedy any issues or deficiencies documented are included, accompanied by useful cost estimates to help you grasp and negotiate the financial aspect of your deals, satisfy lender requirements, aid in planning for future maintenance budgeting. Serving a variety of Clients including Property and Building Owners, Investors, Property Managers, Lessees and CRE Real Estate Professionals.

A member of ASTM, EnergyStar, BBB, USGBC, our Reports (PCR) are produced in accordance with ASTM general assessment guidelines. We specialize in complex systems and energy saving systems commonly found in modern facilities.

Licensed, Insured, and Verified. Serving the upper Midwest, Illinois, Wisconsin, Indiana, Chicago, Milwaukee, Schaumburg, Gary and all areas in between. Contact us for a free quote by phone, or fill out the easy online quote form on our website!

https://www.epochinspections.com

Commercial Property Inspection

Commercial Property Inspection Services including Building(s) and Grounds with Standard Physical Conditions and Deficiency Correction Report. Geared Towards first cost real estate transactions as well as Property Occupancy and Maintenance Issues.
https://www.epochinspections.com/index.html

Commercial Building Inspection

Commercial Building Only Inspection Services with Standard Physical Conditions and Deficiency Corrections Report. Geared towards first cost real estate transactions.
https://www.epochinspections.com/services.html

Facility Condition and Maintenance and Budget Planning Surveys

Commercial Property Inspection Services including Building(s) and Grounds with Standard Physical Conditions and Maintenance Planning Report. Geared Towards Property Occupancy and Maintenance Issues.
https://www.epochinspections.com/property-types-assessed.html

Commercial Real Estate Inspection

Commercial Property Inspection Services including Building(s) and Grounds with Standard Physical Conditions and Deficiency Correction Report Geared Towards Property First Cost Purchase Issues.
https://www.epochinspections.com/commercial-inspections.html

Industrial and Retail Real Estate Inspection

Industrial or Retail Property Inspection Services including Building(s) and Grounds with Standard Physical Conditions and Deficiency Correction Report Geared Towards Property First Cost Purchase Issues.
https://www.epochinspections.com/contact-and-quotes.html

Commercial Property Condition Assessment - PCA

Comprehensive Commercial Property Condition Assessment (PCA) Services including Building(s) and Grounds with Enhanced Physical Conditions and Deficiency Correction Report Geared Towards Immediate and Reserve Expenses Property Purchase and Occupancy and Maintenance Issues During the Proceeding 10-years or more - ASTM E2018 Standard.
https://www.epochinspections.com/about-us.html

Limited Environmental Transaction Screening

Limited Commercial Property Inspection and Survey and Due Diligence Services focused on possible petroleum and related chemical contamination on the subject or adjacent properties (no actual sampling or testing occurs) - ASTM E1528 Standard.
https://www.epochinspections.com/condition-assessment-guide.html

Accessibility Survey and Report

Commercial Property Accessibility Survey Services Including measurements of Physical Clearances and Heights and Grades and Forces Required to Accuate Components to Determine Level of Accessibility compliance and Recommendations for Improvements.
https://www.epochinspections.com/contact-and-quotes.html

Energy Efficiency Measures Survey and Report

Commercial Property Inspection Services Geared Towards Identification of Existing Energy Efficiency Measures and recommendations on Possible Enhancements to Improve Efficiency.
https://www.epochinspections.com/index.html

Check us out on Google+ - https://plus.google.com/+Epochinspections123
Check us out on Facebook - https://www.facebook.com/epochinspections/
Check us out on Linkedin - https://www.linkedin.com/company/epoch-property-inspections-inc.
Check us out on Twitter - https://twitter.com/EpochInspection
Check us out on Youtube - https://www.youtube.com/channel/UCJWWJxOwa2tqi7_ig1fzjzg

Epoch Property Inspections, Inc. - Ingleside, Illinois 60041 – info@epochinspections.com - Serving Chicago and suburbs, Milwaukee, Rockford, Illinois, Wisconsin, Indiana and much of the Upper Midwest. Contact Us for specific areas and availability and a free consultation or quote!

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http://www.commercialpropertyinspection.net

Epoch Commercial Property Inspections

Epoch Property Inspections Incorporated provides Professional Property Condition Due Diligence and Real Estate Inspection for Commercial, Warehouse, Retail, Multi-residential and Residential buildings and properties. Serving a variety of Clients including Owners, Investors, Property Managers, Lessees and CRE Real Estate Professionals.​

Whether you are just starting your first business, expanding your existing business, managing or looking to invest in a property, you need to know just what your investment will gain you. Likely, you will also need to satisfy certain lender requirements as well as plan for immediate, short term, and long term capital expenditures. Begin your planning with a Professional Commercial Property Condition Assessment (PCA) by Commercial Real Estate Inspection Experts. Utilize our two decades of Commercial Real Estate and Retail building and property inspection, reporting, estimating, and design and consulting experience along with the latest reporting software, technology and inspection tools to Empower you decisions!​​

We utilize numerous special tools and devices to aid in our inspections from electrical meters and high-definition scopes to thermal imaging and drone photography. However, None of the aforementioned technologies are of much use in a property condition assessment unless you are first and foremost utilizing the only asset that really matters, a talented commercial construction professional inspection team. Our team is comprised of talented and experienced members of the Architectural and Engineering and Construction communities so we can properly identify and address all aspects of Commercial Property Conditions.

Your Property Condition Report (PCR) detailing the property conditions, as well as the systems therein will benefit you greatly in your negotiations, immediate repair needs, build-out and expense planning, as well as planning for future maintenance reserve expenses and even desired upgrades. Minimize future hassle and save time and money by informing yourself and planning ahead now. ​

Serving the upper Midwest, Illinois, Wisconsin, Indiana, Chicago, Milwaukee, Indianapolis and all areas in between. Contact us for a free quote by phone, or fill out the easy online quote form on our website. Our Services and Reports are absolutely head and shoulders above the competition in substance and accuracy and delivered in an interactive Adobe pdf format. Contact us for a Sample Report and Free Quote Today!

https://www.epochinspections.com
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