Assume that you are appraising the value of a 135,000 SF industrial property using the sales...

  

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Assume that you are appraising the value of a 135,000 SF industrial property using the sales comparison approach. Checking with the County Property Appraiser's Office, you have found recent sales for three very similar properties. The first is an 80,000 SF property that sold for $7,200,000; the second is a 100,000 SF property that sold for $8,000,000; and the third is a 140,000 SF property that sold for $9,800,000. Assume that land size and land value is approximately the same for all properties including the subject. Given this information, what is the value of this property? $9,600,000 $9,200,000 $10,800.000 $10,400,000 $10,000,000 Assume that you are appraising the value of a 135,000 SF industrial property using the sales comparison approach. Checking with the County Property Appraiser's Office, you have found recent sales for three very similar properties. The first is an 80,000 SF property that sold for $7,200,000; the second is a 100,000 SF property that sold for $8,000,000; and the third is a 140,000 SF property that sold for $9,800,000. Assume that land size and land value is approximately the same for all properties including the subject. Given this information, what is the value of this property? $9,600,000 $9,200,000 $10,800.000 $10,400,000 $10,000,000

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