Published · By Antoine Thompson, President and Commercial Inspector
What is a property condition assessment?
A property condition assessment, often called a PCA, reviews a commercial property's physical condition to support a transaction or ownership decision. The depth of document review, system evaluation, reporting, and cost information depends on the agreed scope. Some lenders require a report following a specific standard, such as ASTM E2018. Do not assume every report called a PCA meets that requirement.
What is a commercial building inspection?
A commercial building inspection evaluates readily accessible systems and components within a written agreement. Onward's inspections are visual and non-invasive, with an executive summary, photos, prioritized findings, and recommended next steps. Roof, structure, site, and mechanical, electrical, and plumbing observations help buyers understand issues that deserve attention.
Are the two terms interchangeable?
They can overlap in everyday use, but the deliverables may differ. Compare the agreement, not just the name. Confirm whether the work includes document review, specialist participation, repair-cost estimates, unit sampling, or a particular reporting standard. Onward confirms its scope in writing; ask specifically about ASTM requirements before scheduling.
What should you ask your lender and inspector?
- Does the lender require a particular standard or report format?
- Which buildings, units, tenant spaces, and systems are included?
- What happens when roof or equipment access is unavailable?
- Are repair-cost estimates included, or do I need contractor quotes?
- Which evaluations require an engineer or another specialist?
Which report is right for your Metro Atlanta property?
Start with your purpose: purchase due diligence, lender review, a focused concern, or ongoing maintenance planning. Share the lender's requirements and your deadline when requesting a quote. A well-defined scope lets you choose the appropriate service without mistaking a visual inspection for engineering, environmental, or legal advice.
Put the next step in writing
Scope note: Our inspections are visual, non-invasive assessments of readily accessible systems and components. They do not replace the advice of licensed engineers, attorneys, environmental consultants, or other specialists where needed.