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The subject real estate is a vacant one-acre site that the appraiser thinks has a market value of $75,000. In this market, the typical land-to-property

The subject real estate is a vacant one-acre site that the appraiser thinks has a market value of $75,000. In this market, the typical land-to-property value ratio is 1 to 5. What is the appropriate building cost of this site?

Group of answer choices

$75,000

$300,000

$375,000

$450,000

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