Commercial Corner
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Income approach in CRE appraisals examined
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The role of the income approach in commercial real estate appraisals is a critical one, as it is one of the three primary methods used by appraisers to determine the value of a commercial property, according to a blog post by Off Plan Property Exchange.
The income approach, also known as the income capitalization approach, is particularly useful for income-producing properties such as office buildings, retail centers, and apartment complexes.
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