When comparing the new Explosion SUV to the more elegant but similarly sized Extravaganza, you start to appreciate the nuance of subtlety.
Check out the following example, where the stated information was citied as a basis for market valuation:
What is a hot spot?
Retail rents mostly inch up slowly, don’t they?
Dixie Phair, Commercial Real Property Analyst for Any Municipality County, would definitely have recused herself but…
Buyer & Seller… sounds like oil & water, right?
It’s easy to think that laundromats can be readily located into most retail spaces by simple installation of personal property
Given that money is involved, tax appeals are often contentious affairs.
Many of these posts are intended to assist the newer Assessment Professional in learning commercial and industrial (C/I) property valuation.
We all collect local market data such as rents for quick serve restaurants (QSRs) to aid in an income-based analysis.
Most states by now have adopted strict rules for real estate professionals establishing the concept of “agency”.
The big box ownership argument that their buildings largely represent branding efforts, which in turn causes inherent obsolescence, always mystifies me.
My original training in real property valuation was as a rights-of-way appraiser for a state highway department.
The law of averages says… well… nothing you want to hear, because it is pretty much a misunderstanding of probability.
The Any Municipality County assessment department enlisted Dixie’s help on a new retail development.
Type “crane counts” into your search engine, and the result will be scads of articles.
An appraisal submitted for appeal evidence on a midwestern 144 garden-style apartment property reflected an expense ratio of 70% of Effective Gross Income (EGI).
You need security at your front door, and your choices are many, ranging from a live sentry on constant duty to an effective monitor enabling you to see what’s going on.
“What’s the commercial cap rate?”
The road to equity often includes an appeal hearing.