Brief Abstract

Large buildings that contain offices, apartments, retail, parking, and restaurants in one space present complex challenges for assessors. This session demonstrates an income modeling solution that values each use within a building by rates that are both location and use specific for whatever uses are found within the building and capitalizes the predicted income stream to predict a value.

Start Date

3-4-2025 2:00 PM

End Date

3-4-2025 3:30 PM

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Mar 4th, 2:00 PM Mar 4th, 3:30 PM

Valuation of multi-purpose buildings

Large buildings that contain offices, apartments, retail, parking, and restaurants in one space present complex challenges for assessors. This session demonstrates an income modeling solution that values each use within a building by rates that are both location and use specific for whatever uses are found within the building and capitalizes the predicted income stream to predict a value.