Question: Will rate fast D Question 7 10 pts Suppose that the 2012 economic census of retail trade shows that total food sales in the City

Will rate fast
Will rate fast D Question 7 10 pts Suppose that the 2012

D Question 7 10 pts Suppose that the 2012 economic census of retail trade shows that total food sales in the City of Tampa is $585,816,000. The Census Bureau also estimates a 2012 population for Tampa of 348,700 persons, and Dollars & Cents indicates that median sales for grocery stores is $280 per square foot. Based on this information, how many square feet of grocery stores does a local population of 10,000 persons support? 48,000 SF 54.000 SF 60,000 SF 66,000 SF 72.000 SF Question 8 10 pts 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

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!