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Commercial Real Estate Niches Booming in 2021

McKissock

As retail stores shut down, many businesses had to move their products online. The location relative to customers and business partners. Cap rates: To find this, you divide the NOI by the current market value. Location and demographics: Your value will go up if you’re in a high-traffic area with good visibility.

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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

The Robert Weiler Company

Whatever form it takes, the ultimate purpose is to generate revenue and conduct business. Explanation of potential risks you may face or negative aspects that may impact the market value of the commercial property. What Are the Best Practices for Choosing an Appraiser?

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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

In other words, the value of a building is what someone is willing to pay for a similar neighboring structure – a case of “economic relativism” or market forces at its best. For instance, a historical property could be an excellent fit for several businesses. Thinking Outside of the Building: What to Do Next.

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