Question: A developer has a rectangular 5 - acre site with a commercial zoning designation allowing mini - storage, office, retail, or apartments. The land is

A developer has a rectangular 5-acre site with a commercial zoning designation
allowing mini-storage, office, retail, or apartments.
The land is under contract for purchase for $3.35 million and the minimum
acceptable land capitalization rate is 6.0%. Building capitalization rates are
currently 10%. Which of the above uses are financially feasible?
A) Office and retail
B) Multi-unit and retail
C) Multi-unit and office
D) Mini-storage and office
 A developer has a rectangular 5-acre site with a commercial zoning

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