Broker Opinion of Value
What is Your Office or Industrial Building Worth?
Most owners frequently have the following question: What is my warehouse space or office building worth? If you are looking to potential sell or lease your building, CRE Partners would be happy to provide you with a free building evaluation 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 for Commercial, Office, & Warehouse Buildings in Minneapolis/St Paul, MN. Call us today to see an example or set up your appointment.
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 commercial building valuations in Minneapolis/St Paul, MN.
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.
We love being boutique commercial real estate brokers. Does that mean we lack services of a large corporate real estate firm? Absolutely not. Through strategic partners, we can provide the same services. We gain a competitive advantage because we have the freedom to hire independent experts for each individual project. We have partners in 1031 Exchange, title, accounting, law, architecture, design, construction, development, and project management to help along the way.
Broker Opinion of Value
CRE Partner’s Opinion
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.
BOV Service Areas
We provide broker opinion of value services in the greater Minneapolis/St Paul, MN metro including: Chaska, Chanhassen, Eden Prairie, Edina, Wayzata, Minnetonka, Hopkins, St Louis Park, Golden Valley, Plymouth, Rogers, Bloomington, Shakopee, Eagan, Brooklyn Center, Brooklyn Park, Maple Grove, Lakeville, Burnsville, Fridley, Blaine, Coon Rapids, Arden Hills, New Brighton, Oakdale, and Woodbury