Commercial appraisal cap rate
historic decline of cap rates now hovering in the 3% to 5% range. appraisers, assessment authorities, realtors and the Macdonald Commercial. 301-1770 W. The property tax appraiser may appraise land separately for many reasons; The appropriate capitalization rate for land, assuming a constant perpetual income Overall Capitalization Rate (OAR) is often referred to as "CAP Rate". It is a variable derived from dividing a property's net operating income (NOI) by the