QUESTION 23 10 points Cap Rate Valuation Your firm is considering purchasing an industrial property. Use the provided financial estimates to estimate the net operating income for the property and use the appropriate caprate to estimate the value of this subject property. Gross Revenue $2,500,000 Industry Retail 7.50% Vacancy Rate Bad Debt Rate 10% 5% 10% family 125 Property Management Utilities/Insurance/Replac Office Space Industrial ement $1,000,000 TE.E TT T Arial : 3 (12pt) . Path:p Save and Sub all ans . Chick Save and Submit to save and submit Click Save All Answers to MacBook Pro