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Updated by O’Connor Associates on Sep 08, 2023
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WHAT’S THE DEAL WITH COMMERCIAL PROPERTY?

Commercial property is valued and appraised at 100% of the amount of the market value. The appraisal is based on how well the property can be utilized. It is easier to understand the value of a commercial business property because the same guidelines usually apply to commercial property as it would to personal residential property. Learn more at https://www.poconnor.com/blog/how-is-your-business-personal-property-valued/