The subject is a $198,000$ SF warehouse building $(5\%$ of the total square footage has office build$-$out$)$ with a $350,000$ SF parking lot, all constructed on $22\mathrm{.}70$ acres of land.

Land values in the area are $$\frac{2\mathrm{.}90}{?}$ SF of land.

Hard costs $=$

Warehouse building construction: $$\frac{64\mathrm{.}00}{?}$ SF for the entire building

Interior office build$-$out: Additional $$78\mathrm{.}00/$SF of building for the square footage of the building with office build$-$out only

Parking lot $=$$$\frac{6\mathrm{.}75}{?}$ SF of parking lot

Soft costs $=12\%$

Entrepreneurial incentive $=15\%$

Actual age: $21$ years

Effective age: $17$ years

Economic life: $45$ years

Round your final value to the nearest $$10,000.$ Round all other answers to the nearest dollar.