Valuation · Winchester, Virginia
Broker Opinion of Value
A straight answer on what your commercial property is worth today, backed by local closed comps and current market rents. No obligation to list it, and no incentive for us to flatter the number.
- Free BOV
- Local Comps
- Market Rents
- Income Analysis
- Land Value
- No Obligation
What It Is
Not an Appraisal, and Better for Most Decisions
An appraisal is a formal, licensed report, usually ordered by a lender, and it costs money and takes time. A broker opinion of value is a market based view of what your property would actually trade for, produced by people transacting in that market right now.
For deciding whether to sell, whether to refinance, how to price a lease renewal or what your building is worth on your own balance sheet, a BOV answers the question faster and at no cost.
How We Value It
Three Properties, Three Different Methods
The method depends entirely on how a buyer would actually purchase your asset.
Owner User Buildings
Valued against comparable sales per square foot, adjusted for condition, clear height, office finish, parking and location. What a business would pay to occupy it.
Income Property
Valued on the income. Rent roll, remaining lease terms, tenant credit, real operating expenses and rollover risk drive the number far more than the finishes do.
Land
Valued on what can be built and what it costs to make it buildable. Zoning, utilities, access and site work all sit between the asking price and the real price.
Mixed Use
Often valued twice, once as income and once by component, because the residential and commercial halves attract different buyers at different numbers.
Lease Rate Opinions
What your space should rent for, which matters for renewal negotiations and for pricing vacancy honestly before you go to market.
Portfolio Reviews
For owners holding several assets, where the useful question is usually which one to sell rather than what any single one is worth.
Why Stoneridge
Why Ours Is Worth Having
Local Closed Comps
Not asking prices. What actually traded here, and what the differences between those buildings and yours are worth in dollars.
Current Market Rents
Because on income property the rent assumption drives the value more than anything else, and stale rent assumptions produce confident wrong answers.
We Will Give You the Bad Number
We do not win listings by inflating values and then grinding sellers down. If the number is lower than you hoped, you need to know that before you plan around it.
Go Deeper
Other Ways We Represent Clients
Where We Work
Valuing Property Across the Valley
Licensed in Virginia and West Virginia, working the I-81 corridor from Strasburg to Martinsburg.
Common Questions
Broker Opinion of Value, Answered
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What is the difference between a BOV and an appraisal?
An appraisal is a formal report produced by a licensed appraiser, usually for a lender, and it costs money and takes time. A BOV is a market based opinion from brokers actively transacting, delivered quickly and at no cost. For most owner decisions a BOV answers the question.
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Does it cost anything?
No, and there is no obligation to list with us. Owners who know what their property is worth make better decisions, and some of them become clients later. That is a fair trade from where we sit.
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How long does it take?
Usually a few days once we have the basics. On leased property it depends on how quickly we can get the rent roll and the actual operating expenses, since those drive the number.
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What do you need from me?
The address, the size, and for leased property the rent roll with lease terms plus recent operating expenses. Any recent capital work is worth mentioning too, because it affects the condition adjustment.
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Will you tell me if now is a bad time to sell?
Yes. Sometimes the answer is that holding for two more years, or re-leasing before selling, produces a materially better outcome. That is a more useful answer than a number.
What Is It Worth?
Find Out Before You Decide Anything
Send us the address and the basics. No cost, no obligation, and a straight answer.
Get In Touch
Tell Us What You Need
Give us the size, the use and the timing and we will tell you honestly what is out there, including what is not on the market yet.
- Office240 Airport Rd Suite A, Winchester, VA 22602
- Phone(540) 931-4655Monday through Friday, 8 AM to 5 PM
Stoneridge Commercial Real Estate is affiliated withKW Commercial · Keller Williams Gateway West