This is a sample report generated from synthetic data to demonstrate Aldwych’s output. The property, figures, and photos are illustrative — this is not a real client report.

Sample Commercial Property
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Sample Commercial Property

Draft for review. Aldwych adds guardrails, but this is an AI-generated draft — review it for accuracy before delivering it to your client, then Save.

Verified source Estimate / standard — verify Must review

Executive Summary

Summary of Probable Costs

Immediate repairs total $4,000; short-term repairs (1–2 years), $216,000; and the 12-year replacement reserve, $110,500 — a total identified probable cost of $330,500. Detailed line items appear in the Opinion of Probable Costs schedule.

Property Overview

The subject property is a two-story, multi-tenant office building of approximately 24,000 square feet, located at 123 Demonstration Avenue, Anytown.The building was originally constructed in 1986 and was the subject of a partial interior renovation in 2014.At the time of the walk-through, the property presented in generally fair-to-good condition and remains suitable for continued office occupancy.

Summary of Findings

The most significant near-term item is the built-up roof membrane, which is at the end of its expected service life and exhibits surface alligatoring and ponding consistent with its age.A secondary priority is the main electrical distribution equipment, where a small number of unlabeled circuits and an absent panel schedule were observed.Aside from these items, the identified repairs are routine and consistent with a building of this age and use; no condition was observed that would preclude continued operation.

Purpose & Scope

This Property Condition Assessment was prepared to provide the user with an opinion of the general physical condition of the subject property as of the date of the site visit.The assessment was conducted in general alignment with the scope and methodology described in ASTM E2018 for a baseline property condition assessment.The scope included a walk-through survey of the readily accessible areas of the building and site, a review of the documents made available, and interviews with on-site personnel.This assessment is non-invasive; no destructive testing, calculations, or design work was performed, and concealed conditions were not investigated.

Property Description

Site

The site is improved with a bituminous asphalt parking area, concrete curbing, and landscaped perimeter islands.The asphalt surface exhibits scattered transverse cracking and minor raveling but remains serviceable; localized crack sealing and a seal coat are recommended within the near term.

Building Envelope

The building is of steel-frame construction with a painted concrete masonry unit and storefront-glazing exterior.Exterior wall surfaces and sealant joints were observed to be in fair condition, with isolated areas of faded paint and weathered perimeter caulking.

Structural

The structural system consists of a steel frame supporting a concrete slab-on-grade at the ground floor and a composite metal deck at the second floor.No differential settlement, significant cracking, or distress was observed in the readily accessible structural elements.The structure appears to have been well maintained and is judged to be in good condition with substantial remaining useful life.

Roofing

The roof is a low-slope, built-up bituminous membrane assembly with a gravel-ballast surface and internal roof drains.The membrane displays widespread surface alligatoring, granule loss, and several areas of ponding water adjacent to the drains.On-site personnel reported that the roof was last replaced in approximately 2005, which is consistent with the observed condition.Given the membrane has reached the end of its typical service life, full replacement should be budgeted as a near-term capital item rather than continued spot repair.

HVAC

Heating and cooling are provided by multiple packaged rooftop units serving the tenant spaces through ducted distribution.The rooftop units are reported to be approximately twelve years old, having been installed during the 2014 interior renovation.The units were observed to be operational, with cabinets and coils in fair condition and no active refrigerant leaks noted at the time of the walk-through.Packaged rooftop units of this type typically carry a fifteen-year expected useful life; the equipment should be anticipated for replacement toward the latter half of the evaluation term.

Electrical

Electrical service is distributed from a main switchboard to several branch panelboards located in the ground-floor electrical room.Several branch circuits were observed to be unlabeled, and a current panel schedule was not posted at the main distribution panel.Completion of an accurate panel schedule and circuit directory is recommended as a low-cost immediate item to support safe maintenance and code compliance.

Plumbing

Domestic water is supplied through a metered service feeding copper and CPVC distribution to the tenant restrooms and break areas.A commercial gas-fired water heater serves the building; based on its observed condition it appears to have moderate remaining useful life and should be monitored.No active leaks or significant corrosion were observed in the accessible plumbing fixtures and piping.

Site / Civil

Site drainage is directed by surface grading toward landscaped islands and a municipal storm connection at the lot frontage.Site lighting is provided by pole-mounted fixtures in the parking area, which were observed to be intact and appropriately positioned.Pavement striping and accessible-parking signage were present, though the striping is faded and would benefit from refreshing.

Recommendations & Opinions of Probable Cost

Immediate recommendations are limited to low-cost, near-term items: completing the electrical panel schedule and refreshing faded pavement striping.The principal short-term capital item is replacement of the built-up roof membrane, which has reached the end of its service life.Over the evaluation term, the replacement reserve is driven by the roof membrane, the packaged rooftop units, and the parking-lot resurfacing, as detailed in the Opinion of Probable Costs schedule.Cost figures represent the assessor’s opinion of probable cost for budgeting purposes and are not construction bids; they should be confirmed with competitive quotations prior to capital planning.

Limiting Conditions, Assumptions & Qualifications

This report reflects the condition of the property as observed on the date of the site visit and does not constitute a warranty or guarantee of any kind.Opinions regarding concealed or inaccessible components are based on professional judgment and the documentation provided, and are subject to revision should additional information become available.The assessment did not include evaluation for the presence of hazardous materials, mold, or environmental contamination; the building’s age suggests the potential for asbestos-containing materials, and testing is recommended to confirm.

Opinion of Probable Costs

12-year horizon · AI estimates shown; enter your own values to override (your value wins). The narrative references these costs in words only.

3 of 6 priced lines are lump-sum estimates with no measured quantity behind them (tagged No quantity basis below) — worth verifying against a takeoff or quote.

Immediate repairs

subtotal $4,000

electricalNo quantity basis

Complete panel schedule and label branch circuits

EST: allowance for a licensed electrician

AI estimate

$1,200

line total$1,200
site_civilNo quantity basis

Refresh faded pavement striping and accessible-stall markings

EST: lump-sum re-striping allowance

AI estimate

$2,800

line total$2,800

Short-term repairs (1–2 years)

subtotal $216,000

roofing

Built-up roof membrane replacement (low-slope, ballasted)

EST: $9/SF installed over 24,000 SF roof area

AI estimate

$216,000

24000 SF × $9/SF

line total$216,000

Replacement reserve (12-year)

subtotal $110,500

hvac

Packaged rooftop units — replacement at end of life

STD: 15-year EUL for packaged RTUs

AI estimate

$56,000

4 EA × $14,000/EA

Standard referenceEUL 20 yr · RUL 8 yr
Year 3
line total$56,000
site_civil

Parking-lot resurfacing and seal coat

EST: $2.50/SF over 18,000 SF of asphalt

AI estimate

$45,000

18000 SF × $3/SF

Standard referenceEUL 25 yr · RUL 11 yr
Year 6
line total$45,000
plumbingNo quantity basis

Commercial water heater replacement

EST: lump-sum equipment and installation

AI estimate

$9,500

Standard referenceEUL 15 yr · RUL 7 yr
Year 4
line total$9,500
Total identified costs$330,500

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Aldwych adds guardrails to reduce errors, but every report is an AI-generated draft — assessors review it for accuracy before delivering it to a client.