492 Shell, Office Building

This occupancy, together with occupancy 993 (Interior Space, Office Building), allows you to individually price the shell and the tenant improvement costs for an office building (in separate sections of the report). This provides an alternative to occupancy 344 (Office Building), which includes both the shell and tenant improvement costs.

These building shells are designed for commercial occupancies and are normally subdivided into smaller units for tenant use. Costs include the basic building shell and service core (lobby) area finishes only (commensurate with the building class and quality). Only rough electrical and plumbing are included, except for the lobby finishes and core restrooms.

You can add interior build-out (tenant improvement) costs using occupancy 993 (Interior Space, Office Building), which you must enter in a different section.

The following are not included in the costs: Signs, tenant improvement build-out, and office furnishings or equipment.

Availability of Elevators by Area for this occupancy: Yes

Marshall Valuation Service sections: 15 and 45.

Typical Lives:

 

 

 

 

 

Class

 

 

 

 

Quality

A

B

C

D

H

M

P

S

W

Low

50

50

45

40

--

--

40

40

--

Average

55

55

50

45

--

--

45

45

--

Good

60

60

55

50

--

--

50

50

--

Excellent

60

60

55

50

--

--

50

50

--

Quality Selection Guide:

In addition to being an aid in selecting a building’s quality, the following indicates what is included in the base shell cost. Note that HVAC costs have been included in the total with the finished build-out space in occupancy 993 (Interior Space, Office). You can allocate a prorated amount back to the shell cost if needed by selecting the appropriate HVAC component and entering a percentage of the total floor area, typically 60% to 80%.

Class A (Fireproof Structural Steel Frame)

Quality

Exterior Walls

Interior Finish

Mechanicals

HVAC

Low

Minimum-cost walls and fenestration, little trim

Drywall, paint or paper, acoustic ceilings, asphalt composition, plain lobbies

Minimum lobby lighting, few core extras, small restrooms

None

Average

Brick, concrete or metal and glass panels, some trim

Drywall or plaster, vinyl, terrazzo, carpet, adequate entry lobby

Average intensity core lighting, average restrooms

None

Good

Good metal and solar glass, brick, best precast concrete panels

Plaster, paneling, vinyl, good pavers, terrazzo, carpet, good entry & lobbies

Good fluorescent core ceilings, adequate restrooms

None

Excellent

Best metal or stone curtain panels, solar glass, atrium, highly ornamental

Plaster, best veneers, vinyl, best marble & carpet, top lobby finishes

Luminous lobby ceilings, good tiles core restrooms

None

Class B: Reinforced Concrete Frame

Quality

Exterior Walls

Interior Finish

Mechanicals

HVAC

Low

Minimum-cost walls and fenestration, little trim

Drywall, acoustic ceilings, asphalt tile, few partitions

Minimum office lighting & plumbing

None

Average

Brick, concrete or metal and glass panels, little trim

Average partitions, acoustic tile, vinyl composition, some extras

Average intensity fluorescent lighting, average restrooms

None

Good

Good metal and solar glass, face brick, precast concrete panels

Drywall/plaster, some wall cover, acoustic tile, vinyl tile, carpet

Good fluorescent, high intensity lighting, good restrooms

None

Excellent

Best metal or stone, brick or block backup, tinted glass

Plaster, best veneers, vinyl wall coverings, vinyl tile, terrazzo

Luminous ceilings, many outlets, many private restrooms

None

Class C (Masonry Bearing Walls)

Quality

Exterior Walls

Interior Finish

Mechanicals

HVAC

Low

Masonry bearing walls, light rafters, very plain

Paint, few low-cost partitions, acoustic tile, asphalt tile

Minimum office lighting & plumbing

None

Average

Steel or concrete frame, or bearing walls, some trim

Paint, drywall partitions, acoustic tile, vinyl composition

Fluorescent lighting, adequate outlets and plumbing

None

Good

Steel frame or bearing walls, brick/ conc. panels, some ornamentation

Plaster or drywall, good partitions, acoustic tile, carpet and vinyl

Good fluorescent lighting, good restrooms and fixtures

None

Excellent

Steel frame, masonry and glass, stone ornamentation, top quality

Plaster, paneling, carpet and terrazzo, suspended ceilings

Best fluorescent ceiling panels, tiled restrooms, good fixtures

None

Class D (Wood or Steel Framed Exterior Walls)

Quality

Exterior Walls

Interior Finish

Mechanicals

HVAC

Low

Light stucco or siding on wood or steel studs, very plain

Drywall, few partitions, acoustic tile, asphalt tile

Minimum lighting & plumbing

None

Average

Stucco or wood siding on wood or steel studs, some trim

Drywall, acoustic tile, low-cost carpet or vinyl composition

Adequate lighting & plumbing

None

Good

Best stucco on good frame, brick or stone trim, good front

Plaster or drywall, good partitions, acoustic tile, carpet and vinyl

Good fluorescent lighting, good restrooms and fixtures

None

Excellent

Studs or steel columns, bar or web joists, brick or stone veneer, EIFS

Best plaster, paneling, carpet and vinyl tile

Fluorescent panels, many outlets, good tiled restrooms

None

Class P (Pole Frame):

Quality

Exterior Walls

Interior Finish

Mechanicals

HVAC

Low

Pole frame, finished interior, some insulation

Drywall, few partitions, acoustic tile, asphalt tile

Minimum lighting & plumbing

None

Average

Pole frame, insulated metal panels, some ornamentation

Drywall, acoustic tile, low-cost carpet or vinyl composition

Adequate lighting & plumbing

None

Good

Good metal panels, fenestration, some brick or stone trim

Plaster or drywall, good partitions, acoustic tile, carpet and vinyl

Good fluorescent lighting, good restrooms and fixtures

None

Class S (Metal Frame and Walls)

Quality

Exterior Walls

Interior Finish

Mechanicals

HVAC

Low

Steel or aluminum on light frame, finished interior, some insulation

Drywall, few partitions, acoustic tile, asphalt tile

Minimum lighting & plumbing

None

Average

Insulated wall or sandwich panels, adequate fenestration

Drywall, acoustic tile, low-cost carpet or vinyl composition

Adequate lighting & plumbing

None

Good

Good sandwich panels and fenestration, some brick or stone

Plaster or drywall, good partitions, acoustic tile, carpet and vinyl

Good fluorescent lighting, good restrooms and fixtures

None