Broker Price Opinion

Curious what your property is really worth?

Understanding the true market value of your commercial property is essential—whether you’re preparing to sell, evaluating an offer, refinancing, or simply planning for the future. At Summit Commercial Brokers, we combine market comparables, income analysis, and local expertise to provide a clear, data-driven opinion of value you can trust.

Our Broker Price Opinions (BPOs) are a practical tool for:

• Setting an asking price when bringing a property to market

• Evaluating unsolicited offers to ensure you’re not leaving money on the table

• Supporting refinancing efforts with data-backed valuations

• Measuring property performance against current market conditions

• Planning investment strategies such as hold, sell, or reposition
  
  

Because we’re deeply rooted in Boulder, Broomfield, and western Weld Counties, we don’t just pull numbers—we interpret them in the context of local market trends, zoning, and active deal flow. That combination of analysis and on-the-ground knowledge provides a more accurate picture of your property’s value today.

Ready to get started?

Whether you’re considering a sale, evaluating an offer, or simply want to understand your property’s true market value, Summit Commercial Brokers can help you take the next step with confidence.

[Take our quick Property Survey] to tell us about your property

Or [Contact Our Team] directly to start the conversation

How a BPO Helped One Family Unlock 35% More Value!

Challenge
A family, who had recently lost the head of their living trust, received an unsolicited $1,000,000 offer for their 8-unit multifamily property in Longmont. The offer came from their long-time property management company. With limited knowledge of the Longmont commercial real estate market, the family turned to Summit Commercial Brokers to provide a Broker Price Opinion (BPO) and evaluate the offer.

Actions Taken
Summit performed a BPO using both market comparables and an income approach. While the property had below-market rents and needed cosmetic updates, those factors could be improved with time, significantly increasing its income potential. Market comparables of other multifamily sales in Longmont supported a much higher valuation. Summit delivered a BPO of $1,350,000—about 35% higher than the initial offer.

Results
Armed with this information, the family was able to reject the lowball offer with confidence. Through Summit’s network, we quickly connected them with an investor actively seeking a Longmont multifamily property to remodel and reposition. Within a week, we presented the family with a full-price $1,350,000 offer, which they accepted. Summit then represented them through closing, ensuring a smooth and timely transaction. In the end, the family realized $350,000 more than they would have from the original unsolicited offer.

Testimonial

“In early 2019 our family received an unsolicited offer to purchase our Longmont eight-plex for around $1 million. We interviewed Summit Commercial because they seemed knowledgeable about commercial real estate in Longmont. We then hired them to do a broker price opinion. Surprisingly, they valued the property for 35% higher than the offer. Within a few weeks they brought us a much better offer at a price that matched their valuation. Summit then acted as our Seller’s agent and made sure the sale concluded smoothly, on time, and at the agreed upon price.

Thanks Summit Commercial for making our family a great deal more money on the sale of our commercial property!”