You are developing an industrial building with a gross building area of 150,000 sf. The building efficiency ratio is 75%. The market gross rent is $25 psf. The vacancy rate is 5%; the cap rate is 5%; and the operating expenses are 45%. What would be the estimated market value for this project?

Answer rating: 100% (QA)

Calculation of Estimated Market Value for the Industrial Building Given data Gross Building Area 150... View the full answer