Alowishus
Freshman Member
- Joined
- Aug 23, 2007
- Professional Status
- Certified General Appraiser
- State
- Texas
A colleague of mine just took the general exam for the second time and had a question he needs help on. Im taking mine soon and jeez louise I hope I pass the first time out. Here's the question.
Your subject is 10 acres. 5 acres zoned retail, 2 acres zoned multi-family and 3 acres zoned single family residential.
Sale of 10 Acres at $1.83 psf. 4 acres retail, 4 acres mulit-family and 2 acres SFR.
Multi-Family is 40% of retail and SFR is 20% of retail.
What is the retail subject acreage worth.
Your subject is 10 acres. 5 acres zoned retail, 2 acres zoned multi-family and 3 acres zoned single family residential.
Sale of 10 Acres at $1.83 psf. 4 acres retail, 4 acres mulit-family and 2 acres SFR.
Multi-Family is 40% of retail and SFR is 20% of retail.
What is the retail subject acreage worth.
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