Parthenon Commercial Corp. is a commercial real estate consulting firm based in the Indianapolis area, and provides thorough commercial property condition assessments throughout Indiana and beyond. Our team of building inspectors is professionally trained to the standard established by the American Standard for Testing and Material (ASTM) regarding Property Condition Assessments (PCAs). We provide a variety of assessments, built to meet your specific needs. Call us at (877) 218-1010 for your commercial property assessment, or request more information now.

Property Condition Assessments (PCA)

A Property Condition Assessment (PCA) is a comprehensive evaluation of the overall physical condition of a commercial property. This report includes a review of obtained property documents and information, an onsite assessment of property components and systems, cost estimate schedules, and a review of regulatory compliances. This detailed assessment includes all components of the property including all structures and systems within. Our PCAs meet or exceed the standards highlighted in the ASTM E2018 Standard Guide for Property Condition Assessments. Our thorough and easy to read report includes an analysis of recommended immediate costs, as well as a replacement cost analysis for the next five years. The immediate cost analysis identifies any item or system that is failing, or could cause further damage to the property or system if not remedied, and any life safety issues. The final report will be submitted within seven to ten business days after the date of the site visit.

Property Condition Assessments in Indianapolis

The following systems and components are included in the PCA:

  • Interior and exterior components
  • Roof
  • Structure
  • Mechanical, electrical, and plumbing systems
  • Fire and life safety systems
  • ADA Tier I Survey
  • Parking area and drives
  • Any other structures and components on the property