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Acme owns a 600,000 square-foot industrial building in Dallas, TX. The space if 82% occupied. The effective gross income of the property is $3,648,724 and

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Acme owns a 600,000 square-foot industrial building in Dallas, TX. The space if 82% occupied. The effective gross income of the property is $3,648,724 and operating expenses are $1,764,000. The market cap rate is 4.5%. What is the estimated market value of the property? 81,082,756 16,419,258 41,882,756 39,200,00

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