Asite is improved with a single-family residence. if vacant, the value of the site for a residential use would be $100,000. however, the site is zoned so that a commercial use is allowed, and if vacant, it would sell as commercial property for $160,000. the cost of demolishing the existing structure is $20,000. what is the value of the property as improved for commercial use?
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Asite is improved with a single-family residence. if vacant, the value of the site for a residential...
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