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  2. Infill - Wikipedia

    en.wikipedia.org/wiki/Infill

    Infill development more specifically describes buildings that are constructed on vacant or underused property or between existing buildings. [9] Terms describing types of redevelopment that do not involve using vacant land should not be confused with infill development.

  3. Cost approach - Wikipedia

    en.wikipedia.org/wiki/Cost_approach

    The fundamental premise of the cost approach is that a potential user of real estate will not, or should not, pay more for a property than it would cost to build an equivalent. The cost of construction minus depreciation, plus land, therefore is a limit, or at least a metric, of market value.

  4. WAULT - Wikipedia

    en.wikipedia.org/wiki/WAULT

    WAULT, short for weighted average unexpired lease term, is a measurement used in commercial real estate to quickly judge the value of contracted rents in a property, or more commonly, a portfolio of properties.

  5. Business rates in England - Wikipedia

    en.wikipedia.org/wiki/Business_rates_in_England

    Business rates in England, or non-domestic rates, are a tax on the occupation of non-domestic property (National Non-Domestic Rates; NNDR). Rates are a property tax with ancient roots [1] that was formerly used to fund local services that was formalised with the Vagabonds Act 1572 and superseded by the Poor Relief Act 1601.

  6. Vacants to Value - Wikipedia

    en.wikipedia.org/wiki/Vacants_to_Value

    Vacants to Value is a Baltimore initiative enacted in 2010 by former ... Experts blame the high stock of vacant property in Baltimore on property owners abandoning ...

  7. Income approach - Wikipedia

    en.wikipedia.org/wiki/Income_approach

    This is simply the quotient of dividing the annual net operating income (NOI) by the appropriate capitalization rate (CAP rate). For income-producing real estate, the NOI is the net income of the real estate (but not the business interest) plus any interest expense and non-cash items (e.g. -- depreciation) minus a reserve for replacement.

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