Somebody wants to figure out the resale value of a subject property with expected year 10 (the final year) NOI of $700,000. A nearby similar comparable sale had a terminal (going out) last year NOI of $500,000 and sold for $4 million. Based on this information, what it is the likley selling price of the subject property. Hint" first get a terminal cap rate from the comp, then apply it to the subject