Commercial, Lender & Insurance
Property Condition Assessments
An ASTM E2018-24 baseline assessment of the building, its systems and the site — with an Opinion of Probable Costs and a reserve schedule for your lender.
Commercial, Lender & Insurance
An ASTM E2018-24 baseline assessment of the building, its systems and the site — with an Opinion of Probable Costs and a reserve schedule for your lender.
Overview
A property condition assessment gives buyers, owners and lenders a clear picture of a building's physical condition, its deferred maintenance and what it will cost to carry through the hold period.
We walk the readily accessible systems, interview on-site staff, review available documents and deliver a property condition report with photographed findings and opinions of cost.
See what a Caliber report looks likeStandard
ASTM E2018-24 Standard Guide for Property Condition Assessments: Baseline Property Condition Assessment Process
Property types
Industrial & warehouse, multifamily, retail, strip centers & office, special use & mixed-use
Deliverable
Opinion of Probable Costs: immediate repairs, short-term deficiencies (1–2 years) and long-term capital reserve planning
Reserves
10–12 year replacement reserve schedule
Ideal for
Acquisitions, refinancing, agency and CMBS lending
Scope
Each system is photographed, rated and assigned an estimated remaining useful life.
Grading, drainage, parking surfaces, walkways, curbs and site lighting.
Foundations, framing and visible signs of settlement, movement or distress.
Facades, windows, sealants, roof coverings, flashings and roof drainage.
HVAC equipment age, condition, capacity and remaining useful life.
Service capacity, distribution, domestic water, waste and fixtures.
Fire protection, egress and an ADA accessibility screening.
The deliverable
Executive summary first, detail behind it. Every opinion of cost ties back to a photographed, located finding.
Executive summary with total cost exposure
Immediate, short-term and reserve cost tables
Photo log keyed to each finding
Remaining useful life by building system
Inspection scope
In accordance with the Illinois Home Inspector License Act and Standards of Practice, all inspections performed by Caliber Property Inspection LLC are strictly visual, non-invasive evaluations of readily accessible systems and components as they exist at the time of the inspection. Inspectors are not permitted to dismantle equipment, move personal property or furniture, lift carpeting, open walls or ceilings, excavate soil, or perform destructive testing. Concealed, latent, or intermittent defects that are not visibly accessible at the time of inspection cannot be observed or guaranteed.
Specialized diagnostic services (such as Thermal Imaging, Indoor Air Quality sampling, Radon monitoring, and Sewer Scopes) provide supplemental non-invasive data to help identify potential risk indicators beyond standard visual observation.
The process
Pick a time, add diagnostics and sign the agreement in one secure checkout.
Your inspector documents the readily accessible systems. You're welcome to walk it with us.
An interactive web report with photos, locations and a repair request builder.
Specialized diagnostics
Add any diagnostic to a commercial or residential inspection, or book it on its own. Findings merge into one report.
High-resolution aerial survey of steep, tall or fragile roofs without foot traffic.
D-02Infrared surface scans for signs of moisture, missing insulation and overheating electrical.
D-03Camera inspection of the main lateral for roots, bellies, breaks and offsets, coordinated with a specialized partner.
D-04Visual evaluation of the accessible shell, equipment, bonding and barrier safety.
D-0548-hour continuous monitoring with an EPA-referenced result and next steps.
D-06Surface and air sampling with lab-verified results.
D-07Due diligence for properties built before 1978.
D-08Lab screening and rapid on-site analysis for wells and municipal supplies.
D-09Lender clearance reports for VA and FHA loans.
D-10Tank, distribution box and leach field evaluated with a licensed septic partner.
Most properties under 100,000 square feet are walked in a single day. We confirm the report delivery date when you book, based on property size and document availability.
Yes. Our baseline scope follows ASTM E2018-24, and we can expand it to meet lender-specific or investor-specific requirements.
Yes. Send us the lender's scope or template and we will map our findings and cost tables to it.
Keep exploring
Percent-complete verification so construction funds release on evidence.
Learn more DiagnosticInfrared surface scans for signs of moisture, insulation gaps and hot electrical.
Learn more DiagnosticAerial survey of steep, tall or fragile roofs without foot traffic.
Learn moreTell us about the property, the transaction and your timeline, and we will reply with a scoped proposal.