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Valuation of Convenience Stores
Valuation of Convenience Stores
Many areas are experiencing a decline in the value of their commercial and industrial properties for the first time in recent history. Explore the process for valuing properties thatUnderstand the history, definition and classification of convenience stores. Learn how to apply highest and best use analysis. Examine the cost approach, sales comparison approach and income approach to appraising convenience stores. Engage in problem solving exercises and case studies. Royal Institute of Chartered Appraisers fall into this category. The exploration of capitalization rates, vacancy calculations, and market rents are critical to this task. The impact and adjustment, utilizing the market approach, for time will also be discussed.
- Royal Institute of Chartered Appraisers recertification credit: 6.00 hours