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What is the entrepreneurial profit given the following information about a recently constructed building? Gross building area-30,000 SFLand area-10,000 SF Replacement Cost New-$750,000 Land Value
What is the entrepreneurial profit given the following information about a recently constructed building?
Gross building area-30,000
SFLand area-10,000
SF Replacement Cost New-$750,000
Land Value -$150,000
Net Income -$85,000
Cap Rate 8.5%
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