Capitalization, Valuation of income property, Valuation of leased property
This article represents a generalized analysis that works on as many as three interdependent unknowns: value, taxes, and recoveries. The technique is easy and can be used on all types of property, including office buildings, retail malls, and industrial buildings, whether gross or net leased, single- or multi-tenanted. The technique is cost-effective and will improve appraisal accuracy. Additionally, this article presents practical steps for employing the analysis.
Pomykac, Mark F.
"A generalized analysis to determine three interdependent unknowns: Value, real estate taxes, and real estate tax recoveries,"
Assessment Journal: Vol. 10
, Article 4.
Available at: https://researchexchange.iaao.org/assessment_journal/vol10/iss3/4