The condition of a long-lived asset is affected by its durability, the quality of its design and construction, its use, the adequacy of maintenance that has been performed, and many other factors,  accidents (an unforeseen and unplanned or unexpected event or circumstance), catastrophes (a tragic event), disasters (a sudden calamitous event bringing great damage, loss, or destruction), and obsolescence.
391254
The durability of an asset that has been around for a long time has an effect on its condition.
391255
Asset's use is irrelevant to the question of what condition the asset is in.