Commercial Inspection
Services
From property condition assessments to long-term capital planning, we deliver the reporting that lenders, investors, and transaction professionals depend on.
Core Service
Property Condition Assessments
Our property condition assessments follow the ASTM© E2018-24 Standard Guide for Property Condition Assessments—the benchmark used by lenders, investors, and commercial real estate professionals nationwide.
We conduct a thorough walk-through and visual survey of the subject property, evaluating all major building systems and components. Each assessment documents the current condition, identifies material deficiencies, and provides opinions of probable cost for remediation.
Our reports cover:
Structural Systems
Foundations, framing, load-bearing walls, and structural connections. We identify settlement, cracking, deterioration, and any conditions that warrant further engineering review.
Mechanical & Electrical
HVAC systems, electrical distribution, plumbing, fire protection, and life safety systems. Each component is assessed for condition, age, and remaining useful life.
Building Envelope & Roofing
Roofing membranes, flashings, exterior cladding, windows, doors, waterproofing, and drainage. We document current performance and anticipated maintenance needs.
We inspect office buildings, retail centers, industrial facilities, multi-family housing, mixed-use developments, and special-purpose properties throughout Colorado.
Detailed Inventories
Equipment Schedules
A complete inventory of the building’s mechanical, electrical, and plumbing equipment—organized by system, location, and condition.
System Identification
Each piece of equipment is catalogued with manufacturer, model, serial number, capacity, installation date, and current condition rating.
Useful Life Analysis
We estimate remaining useful life for every major component using industry-standard expected useful life tables, giving you a clear picture of when replacements will be needed.
Equipment schedules are essential for acquisition due diligence, insurance underwriting, and ongoing facility management. They provide the baseline data that drives cost-to-cure estimates and capital planning.
Repair & Replacement Costs
Cost-to-Cure Estimates
Itemized cost projections for every deficiency identified during the assessment—so you know what it will take to bring the property to satisfactory condition.
Immediate Repairs
Conditions requiring attention now due to safety concerns, code violations, active water intrusion, or accelerating deterioration.
Short-Term Needs
Repairs and replacements anticipated within the first one to two years of ownership. These often factor directly into purchase negotiations.
Long-Term Projections
Capital expenditures expected over the evaluation period, typically aligned with the loan term or hold period defined by the client.
Our cost estimates are based on current local market pricing and are presented in a format that lenders, underwriters, and equity partners can use directly in their financial models.
Long-Term Planning
Capital Reserves Analysis
A year-by-year capital expenditure forecast for major building systems—the data asset managers and ownership groups need to plan ahead.
Expenditure Forecasting
We project replacement and major maintenance costs over a defined evaluation period, accounting for expected useful life, current condition, and inflation factors.
Budget Integration
Our capital tables are formatted for direct integration into reserve fund models, annual operating budgets, and lender reporting requirements.
Capital reserves analysis is particularly valuable for multi-family properties, commercial portfolios, and any property where deferred maintenance creates long-term financial exposure. We help you see what’s coming so you can fund it appropriately.
Specialized Assessments
Additional Services
Beyond our core inspection services, we offer supplemental assessments that address specific due diligence requirements.
ADA Compliance Reviews
We evaluate accessibility conditions against current ADA Standards for Accessible Design, identifying barriers in parking, entries, restrooms, common areas, and paths of travel.
Roof Surveys
Focused roof condition assessments documenting membrane type, age, drainage, flashing details, penetrations, and estimated remaining service life.
Environmental Screening Coordination
We coordinate with qualified environmental professionals for Phase I and Phase II Environmental Site Assessments, asbestos surveys, lead paint testing, and mold evaluations.
Why FRCPI
Our Standards
CCPIA© Certified
Our inspectors hold certification through the Commercial Council of Property Inspectors Association. We follow the CCPIA© Commercial Standards of Practice (COMSOP), which define the scope, limitations, and reporting requirements for commercial property inspections.
ASTM© E2018-24
Every property condition assessment we deliver is compliant with ASTM© E2018-24, the current standard guide recognized by lenders, institutional investors, and the commercial real estate industry for baseline property condition reporting.
We carry errors and omissions insurance, maintain continuing education through CCPIA©, and deliver every report in a format that meets the documentation standards your transaction requires. When you receive a report from FRCPI, it is built to hold up under scrutiny.
Ready to Get Started
Request a Proposal
Tell us about your property, timeline, and scope of work. We typically deliver proposals within one business day.