Business, 08.01.2020 02:31, kaliyab191

Jake is preparing a comparative market analysis on a 5-year-old vacant two-story, 10,000-square foot office building on a one-acre property. jake knows that a vacant lot next door of about the same size just sold for $100,000. he also knows that market value for comparable office space today would be $100 per square foot. the owner agrees with jake that his building has experienced a yearly 3% depreciation of its value. what should jake recommend as a selling price.

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Jake is preparing a comparative market analysis on a 5-year-old vacant two-story, 10,000-square foot...