Brief Session Description
This session will explore the intricacies of the commercial leasing market in an effort to assist the assessor in discerning how leasing terms may affect market value estimates. Participants will be given the opportunity to read and understand key components of recently negotiated national tenant leases and how to differentiate fee simple, leased fee, leasehold and business enterprise value.
Presentation Category
Real Property Valuation Agricultural, Commercial/Industrial and Residential
Audience Expertise
General Interest (Appropriate for all experience levels.)
Start Date
9-26-2017 1:45 PM
End Date
9-26-2017 4:00 PM
Estimating Market Value on Leased Properties
This session will explore the intricacies of the commercial leasing market in an effort to assist the assessor in discerning how leasing terms may affect market value estimates. Participants will be given the opportunity to read and understand key components of recently negotiated national tenant leases and how to differentiate fee simple, leased fee, leasehold and business enterprise value.