McKissock
JUNE 27, 2021
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. Plus, it’s a more cost-effective option than investing in commercial real estate for an entire office staff.
Appraisal Today
OCTOBER 6, 2023
The market area that the property is located in can definitely support the price but does the price truly reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? I was taught that “one sale does not make a value.” There is a difference.
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