Question: Which approach to value would be most appropriate for a specialized microchip factory? A. Cost approach B. Sales comparison approach C. Highest and best use

Which approach to value would be most appropriate for a specialized microchip factory?

A. Cost approach

B. Sales comparison approach

C. Highest and best use

A special purpose property that is obsolete should be valued by the:

A. Income approach, adjusted for obsolescence

B. Cost approach only

C. Land value less demolition

D. Sales comparison approach, less depreciation

D. Income approach

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