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The answer is $150,000. Please show how to get there. Thanks! LAND VALUATION MARKET EXTRACTION The subject property is a 10-year-old warehouse with a remaining

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The answer is $150,000. Please show how to get there. Thanks!

LAND VALUATION MARKET EXTRACTION The subject property is a 10-year-old warehouse with a remaining economic life of 30 years. A comparable warehouse in the area sold for $250,000. The comparable is identical to the subject in all respects except the effective age of the improvements is 20 years. The replacement cost of the comparable is $200,000. What is the indicated value of the comparable land

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