Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

Consider a property that is worth $45,000 as a vacant commercial site. The property is improved with a single-family residence. As such, the property is

image text in transcribed

Consider a property that is worth $45,000 as a vacant commercial site. The property is improved with a single-family residence. As such, the property is worth $35,000. If it costs $5,000 to demolish the structure, what is the value of the site? What is the value of the structure? What is the highest and best use of this property

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Fast And Frugal Finance

A Fast And Frugal Finance

Authors: William P. Forbes, Aloysius Igboekwu, Shabnam Mousavi

1st Edition

0128124954, 978-0128124956

More Books

Students also viewed these Finance questions

Question

★★★★★

Define market opportunity, market problem and symptoms. Give an example of each as it applies to a university business school.

Answered: 1 week ago

Question

★★★★★

Filer Manufacturing has 7,194,812 shares of common stock outstanding. The current share price is $56.81, and the book value per share is $3.13. Filer Manufacturing also has two bond issues...

Answered: 1 week ago

Question

★★★★★

Discuss why some traders cannot make rational decisions and the impact of affective and cognitive biases.

Answered: 1 week ago

Question

★★★★★

The day after a snowstorm, cars arrive at Mels Auto-Wash at an average rate of 10 per hour according to a Poisson process. The automated car washing process takes exactly 5 minutes from start to...

Answered: 1 week ago

Question

★★★★★

We will pass in 2 values, X and Y. You should calculate XY XY and output only the final result. You will probably know that XY XY can be calculated as X times itself Y times. # Get X and Y from the...

Answered: 1 week ago

Question

★★★★★

48 min. 7:56 PM / Remaining: Question 7 Crane Company's inventory records show the following data: Units 10100 Unit Cost $8.80 7.00 Inventory, January 1 Purchases: June 18 I November 8 9200 6000 7.00...

Answered: 1 week ago

Question

★★★★★

According to the activity network below. Which one is a critical activity? START END Activ

Answered: 1 week ago

Question

★★★★★

(1 point) Find the derivative of f(x) = 6x+2x using the definition of the derivative. State the domain of f and the domain of f'. Derivative is Domain of f is Domain of f' is (Enter the domains using...

Answered: 1 week ago

Question

★★★★★

1. Two insulated tanks are connected through an insulated pipe and valve assembly. One tank holds 2 moles of nitrogen at 3 bar and 25C. The other tank has a 3 moles of hydrogen at 0.5 bar, 70C. The...

Answered: 1 week ago

Question

★★★★★

How travel providers such as airlines, hotels, and car rental agencies can use special pricing to fill unused capacity, and earn revenue at the same time?

Answered: 1 week ago

Question

★★★★★

The part shown is loaded at point C with 290 N in the positive x direction and at point E with 190 N in the positive y direction. The diameter of the bar ABD is 10 mm. Evaluate the likelihood of...

Answered: 1 week ago

Question

★★★★★

Teamwork.With a partner read alternate sentences from the following paragraph aloud to each other. (Objective 2) ehT qaimtimg also qroved that, sa well sa being a great humter, Cro-Wagmom Nam saw a...

Answered: 1 week ago

Question

★★★★★

Global.Contact an international center at a university (visit, call, or send e-mail).Ask about a study abroad or work abroad program. Develop and present your findings to your class. (Objectives 4...

Answered: 1 week ago

Question

★★★★★

Technology. Global. India is a well-known location for offshore sites and outsourcing operations for large corporations. Using an encyclopedia, website URLs in this chapter, or other resources,...

Answered: 1 week ago

Previous Question Next Question