Appraise a closed burger king on hwy

Assignment Help Finance Basics

Reference no: EM13854932

You have been asked to appraise a closed Burger King on Hwy. 1 in Virginia Commons. The building was built 5 years ago, but has been vacant for the last 2. Vacant buildings tend to deteriorate faster than occupied buildings. For this reason you estimate the age of the building at 9 years. Fast food restaurants have an expected economic life of 20 years. The building is 2,100 square feet and sits on a lot that is 4,200 square feet. A lot just south of the subject sold recently for $18.50 a square foot. Fast food restaurant construction costs average $210 per square foot. What is your estimate of the value of this property?

Reference no: EM13854932

Questions Cloud

Prevention or treatment of killer diseases : How would you dispute an assertion that psychology has little to offer in the prevention or treatment of killer diseases, such as heart disease and cancer? Explain

What is flavio''s family like : What is the selection's thesis (or dominant impression)? Locate the sentence(s) in which Parks states his main idea. If he doesn't state the thesis explicitly, express it in your own words. What is Flavio's family like. Why does Flavio have so much..

Estimating the value of a shopping center : Suppose you are estimating the value of a shopping center by the income approach. You have determined that the gross rental income will be $225,000 each year and that the operating expenses will equal $35,000 each year. A similar center in the same a..

Identified learned helplessness : Smircich and Morgan (1982), in an earlier reading, identified “learned helplessness” as a possible negative outgrowth of leadership. What is learned helplessness and how might leadership contribute to this state?

Appraise a closed burger king on hwy : You have been asked to appraise a closed Burger King on Hwy. 1 in Virginia Commons. The building was built 5 years ago, but has been vacant for the last 2. Vacant buildings tend to deteriorate faster than occupied buildings. For this reason you estim..

Collaboration with these stakeholders for suncal : What are the advantages and disadvantages of collaboration with these stakeholders for SunCal? For Disney? For What solutions do you believe might emerge from dialogue? in Discussions case A brawl in Mickey's backyard

General environment and task environment : Include a diagram supported by a detailed discussion explaining which stakeholders operate in the general environment, task environment, or internal environment, and why?

Use the range to calculate the standard deviation : Use the range to calculate the standard deviation

Directly affected by the organizations activities : List for a company you either work or are familiar with, the internal and external stakeholders whose interests are directly affected by the organization's activities.

User Account

All Pages