Don’t Let a “Guess” Determine Your Commercial Asset’s Value
In the high-stakes world of Tampa Bay commercial real estate, the difference between a “good deal” and a “great exit” often comes down to one number: the valuation.
Most brokerage firms, whether it is the massive corporate giants or local volume shops, rely on a Broker Price Opinion (BPO). This is essentially a sales agent’s best guess based on a few recent sales they “feel” are comparable.
At TAMBAY Commercial, we believe your industrial warehouse, office condo, or retail center deserves more than a guess. It deserves Appraisal-Backed Precision.
The Hidden Danger of the BPO
When a standard broker gives you a BPO, they are often incentivized to do one of two things:
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Over-inflate the price to win your listing (leading to months of stagnation).
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Undervalue the asset to get a quick commission.
Furthermore, lenders do not trust BPOs. If your asking price is based on a broker’s opinion, but the bank’s appraiser comes in 20% lower, your deal collapses.
The “Appraisal-First” Difference
As a State Certified General Real Estate Appraiser (RZ2545), Tom Brubaker approaches every transaction with the rigor of a certified valuation. We analyze:
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Income Capitalization: The true net operating income (NOI) potential.
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Highest and Best Use: Is your warehouse actually sitting on land that is zoned for high-density multi-family? A standard broker might miss that, but an appraiser will not.
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Defensible Data: We provide data that stands up to lender scrutiny.
Stop Guessing. Start Strategizing.
Don’t leave money on the table. Before you list your property in St. Petersburg, Pasco, or Polk County, get a 360° Commercial Asset Audit from TAMBAY Commercial.
