Mathematics, 15.02.2021 06:20 lyric2714
Jake is preparing a Comparative Market Analysis on a 5-yearold vacant two-story, 10,000-square foot office building on a
one-acre property. Jake knows that a vacant lot next door of
about the same size just sold for $100,000. He also knows that
market value for comparable office space today would be $100
per square foot. The owner agrees with Jake that his building
has experienced a yearly 3% depreciation of its value. What
should Jake recommend as a selling price?
Answers: 3
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Jake is preparing a Comparative Market Analysis on a 5-yearold vacant two-story, 10,000-square foot...
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