Broker Opinion of Value
What is Your Building Worth?
Most owners frequently have the following question: What is my warehouse space or office building worth? If you are looking to potentially sell or lease your building, CRE Partners would be happy to provide you with a free building evaluation, broker price opinion, or broker opinion of value. To accurately predict value, we consider the following data points: market outlook, sale comparables from multiple sources, current available buildings, the condition of your building, construction costs, and the prevailing investment trends. After the data is compiled, we will sit down with you and share all the information that contributed to the pricing range.
Broker Opinion of Value vs Appraisals
Appraisals can be very expensive and depending on your situation, not necessary. A broker opinion of value could be a great alternative to a standard commercial real estate appraisal. While a BOV does not replace an appraisal for financing, it can currently help if you are evaluating changes to ownership structure, strategic planning, or financial planning. We would be happy to provide cost-effective broker price opinion or commercial building valuations in Minneapolis/St Paul, MN.
Broker Price Opinion
We can provide a Broker Price Opinion (BPO) for the following in the Minneapolis/St Paul metro area:
If you are looking to sell or lease your commercial building in the near future, our Broker Opinion of Value is a free service. We work hard to build relationships and hope the BOV is a stepping stone to helping you with your Minneapolis/St Paul office or industrial transaction. If you require a Broker Opinion of Value for another reason, we charge on a per hour basis, but always less than a formal appraisal.
Broker Opinion of Value
THIS IS A BROKER OPINION OF VALUE AND SHOULD NOT BE CONSIDERED AN APPRAISAL. In making any decision that relies on the materials presented herein, you should know that the preparer has not followed the guidelines for the development of an appraisal or analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation. Ranges of value are based on the subject property being unaffected by any exceptions to title, environmental, soil, zoning, deferred maintenance, construction issues, or other conditions that may exist now or in the future. This opinion is not an appraisal of the market value of the property, and may not be used in lieu of an appraisal. If an appraisal is desired, the services of a licensed or certified appraiser must be obtained.
BOV Service Areas
We provide broker opinion of value services in the greater Minneapolis/St Paul, MN metro including: metro including: Minneapolis, St Paul, Anoka, Anoka County, Big Lake, Apple Valley, Arden Hills, Blaine, Bloomington, Brooklyn Center, Brooklyn Park, Burnsville, Carver County, Champlin, Chanhassen, Chaska, Coon Rapids, Corcoran, Cottage Grove, Crystal, Dakota County, Dayton, Eagan, Eden Prairie, Edina, Elk River, Fridley, Golden Valley, Ham Lake, Hennepin County, Hopkins, Inver Grove Heights, Lakeville, Little Canada, Maple Grove, Maplewood, Mendota Heights, Medina, Minnetonka, Monticello, Mounds View, New Brighton, New Hope, Oakdale, Otsego, Plymouth, Prior Lake, Ramsey, Ramsey County, Rockford, Rogers, Roseville, Savage, Scott County, Shakopee, Shoreview, St Louis Park, St Michael, Wayzata, White Bear Lake, Woodbury
WHAT IS YOUR COMMERCIAL PROPERTY WORTH?
GET A BROKER OPINION OF VALUE