Question: Valuation assignment for the subject property is for both the building and land. A Comparable Office Bldg owned and sold separately from its site (land),

Valuation assignment for the subject property is for both the building and land. A Comparable Office Bldg owned and sold separately from its site (land), which is subject to a 99-year ground lease. The comparable 87,805 sf bldg sold (separately from the land) for $3,876,136. 0 Assume the annual ground rent is $179,171, which is consistent with the market .. Market Land Capitalization rate is 14%. If no other adjustments were made except for the value of the land, what would be the final adjusted sales price of this comparable?

Valuation assignment for the subject property is for both the building and land. - A Comparable Office Bldg owned and sold separately from its site (land), which is subject to a 99 -year ground lease. - The comparable 87,805 sf bldg sold (separately from the land) for $3,876,136. - Assume the annual ground rent is $179,171, which is consistent with the market - . Market Land Capitalization rate is 14%. If no other adjustments were made except for the value of the land, what would be the final adjusted sales price of this comparable

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Prepare a 2013 gift tax return (Form 709) for Natalie (Social Security number 123-45-6787). Natalie made no taxable gifts in prior years Hint: A correct submission for this assignment will include...

Cedar Fair CaseCompanion Case to Six Flags CaseFrom 1998-2006 there were four large, well-funded competitors in the regional theme park industry. Inorder: Six Flags, Cedar Fair, Paramount Parks, and...

I have the following completed: 1120, 2220,1125 A , 1125 E I need the following forms completed asap:SCHEDULE D and G form 4562, form 4797 schedule detail M-1 it should be fairly easy to do the rest...

create Traditional Comparable Sales for the situation below, follow the examples: To arrive at an indicated value, use the usual comparable sales technique to two properties, including modifications...

create Traditional Comparable Sales for the situation below: To arrive at an indicated value, use the usual comparable sales technique to two properties, including modifications and reconciliation....

Find all zeros of f ( x ) = x 3 6 x + 4 f ( x ) = x 3 - 6 x + 4 . Enter the zeros separated by commas. Enter exact value, not decimal approximations.

The intensity of language can be increased through the use of all of the following except: Select one: O A font size O B. swear words O C. change in intonation O D. colourful metaphors Expertise...

Derek plans to retire on his 6 5 th bithday However he plans to work part - time untill he turns 7 5 . 0 0 Durng these years or part - time work, he will neither make deposits to nor take withoravals...

------------------------------------- At the beginning of its first year of operations, Bonita Limited has 4,900, $3 preferred shares and 48,000 common shares. Using the format shown below, allocate...

OUTCOME 2 Identify and explain the employee benefits required by law.

6. What are some of the advantages and disadvantages of ESOPs?

4. Take two of the items from question 3 and develop a BARS for each of these items. Then rate yourself and ask others to rate you using the BARS. Did the ratings change? If so, why?