Complete a cost approach valuation using the following information:

The subject is a $198,000$ SF warehouse building $(5\%$ of the total square footage has office build$-$out$)$ with a $350,000SF$ parking lot, all constructed on $22\mathrm{.}70$ acres of land.

Land values in the area are $$\frac{2\mathrm{.}90}{?}$ SF of land.

Hard costs $=$

Warehouse building construction: $$\frac{64\mathrm{.}00}{S}F$ for the entire building

Interior office build$-$out: Additional $$\frac{78\mathrm{.}00}{?}$ SF of building for the square footage of the building with office build$-$out only

Parking lot $=$$$\frac{6\mathrm{.}75}{?}$ SF of parking lot

Soft costs $=12\%$

Entrepreneurial incentive $=15\%$

Actual age: $21$ years

Effective age: $17$ years

Economic life: $45$ years

Round your final value to the nearest $$10,000.$ Round all other answers to the nearest dollar.

You must present the following:

Hard costs for the building, in whole dollars

Hard costs for the office build$-$out, in whole dollars

Hard costs for the parking lot, in whole dollars

Total hard costs, in whole dollars

Soft costs, in whole dollars

Entrepreneurial incentive, in whole dollars

Replacement cost new, in whole dollars

Replacement cost new, in S$/$SF of building

$\%$ of depreciation

Depreciation, in whole dollars

Land value, in whole dollars

Land value, in $\frac{\text{\$}}{a}$cre

Value from the cost approach, in whole dollars

Value from the cost approach, in S$/$SF of building