Replacement Cost
May 19, 2014 9:51 pm Comments Off on Replacement CostThe estimated cost to construct, at current prices, a building with utility equivalent to the building being appraised, using modern... View Article
Archives
Request for Proposal (RFP)
May 19, 2014 9:52 pm Comments Off on Request for Proposal (RFP)A solicitation for the recipients to make a proposal, or bid, based upon the terms outlined in the request. This... View Article
Residential Property
May 19, 2014 9:52 pm Comments Off on Residential PropertySingle- or multifamily housing units that are used, serve, or are designed as a place of residence.
Retail
May 19, 2014 9:52 pm Comments Off on RetailAlso see community center, fashion/specialty center, neighborhood center, outlet center, power center, regional center, superregional center, and theme/festival center.
Retail Gap Analysis
May 19, 2014 9:53 pm Comments Off on Retail Gap AnalysisA gap analysis performed specifically on retail floorspace in a given market or trade area.
Retail Gravity Model
May 19, 2014 9:53 pm Comments Off on Retail Gravity ModelA gravity model used to estimate dollar flows to or the sale/revenue potential of competing retail establishments in a given... View Article
Retail Property
May 19, 2014 9:54 pm Comments Off on Retail PropertyProperties used exclusively to market and sell consumer goods and services.
Retail Trade Area
May 19, 2014 9:54 pm Comments Off on Retail Trade AreaAlso referred to as service area, is generally defined as the geographic or formal area from which a sustained patronage... View Article
Reversion Value
May 19, 2014 9:55 pm Comments Off on Reversion ValueA lump-sum cash benefit that an investor receives or expects to receive upon the sale of an investment.
Right of First Offer
May 19, 2014 9:55 pm Comments Off on Right of First OfferA lease clause giving the tenant the right to lease additional space should it come available. The landlord is typically... View Article