Knowing the value of your assets is crucial for commercial property owners in California.
We understand that you may have different needs, so we offer various valuation services that we customize to meet your requirements. The type of valuation you require will depend on several factors, such as whether you are the property’s sole tenant or if other tenants are paying rent.
Additionally, the purpose of the valuation and the level of detail you need will also influence the type of valuation. We can provide a fast and accurate valuation of your commercial property in California to suit your specific needs.
Just give us a call or send an inquiry through this website.
A Commercial Broker Price Opinion (BPO) is a flexible, easy-to-understand, and cost-effective alternative to an appraisal. It offers four approaches to value and may include two types of inspection: a drive-by that examines only the exterior or a personal visit that examines both the exterior and the interior.
The first approach is sales-only, focusing on recent sales and disregarding the income portion. The second approach combines sales and income.
The sales approach analyzes the property’s cash flow potential to determine the final price. At the same time, the BPO compares the property’s rent roll to similar rental incomes and provides an opinion on market rent and potential gross income.
When it comes to commercial property, you have four BPO options to choose from, including:
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Each report takes approximately 15 days to complete, and depending on the type of BPO report you choose, the price ranges from $360 to $710.
Get an accurate and easy-to-understand commercial real estate property valuation that complies with the latest state requirements and Interagency Appraisal and Evaluation Guidelines (IAG Guidelines).
Our licensed real estate professionals use sales or income/sales approaches to determine their valuation.
Four different reports are also available, including a site inspection that looks at the exterior only or an interior and exterior inspection with images to complete the Commercial Evaluation.
This valuation is ideal for loans valued at $500,000 or less ($1M for credit unions), as well as for valuing properties to be used as collateral on business loans less than $1 million and for extending credit or loan modifications.
Our Commercial Property Valuation Report comes in four options:
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The turnaround time is approximately 1 to 25 days, depending on the complexity of the valuation. The price of each report starts at $165 and increases with the complexity of the valuation.
Once the Buyer and Seller have agreed on the main deal points for the business and real estate value and sale, it’s time to open escrow to ensure a smooth and coordinated transfer.
Rogerson Business Services is a business brokerage service based in California.
If you are ready to sell your California business, let us know your questions. Whether you are selling a medical practice, an HVAC business, a landscaping business, or any other business with gross revenue greater than $2 million, contact us today to learn about our successfully selling your business program.
We’re happy to talk with you about the process of selling your business. Give us a call or contact us when you are ready.
