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Business, 02.03.2021 03:00 hfroslie9840

You bought two acres of land for $200,000 ten years ago. Although it is zoned for commercial use, it currently holds eight small, singlefamily houses. A property management firm that wants to continue leasing the eight houses has offered you $400,000 for the property. A developer wants to build a 12-story apartment building on the site and has offered $600,000. What value should you assign to the property

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You bought two acres of land for $200,000 ten years ago. Although it is zoned for commercial use, it...

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