This course explains what big-box retail (BBR) properties are, why BBR valuation is important in today's world, and why it is challenging. It identifies the key issues involved in BBR valuation and covers the concept of real property rights and definitions of value. You will learn how to use market segmentation to identify highest and best use and you will get an overview of the three main approaches to Fee Simple property valuations and how to reconcile them. This course is based on an in-depth IAAO white paper which is available for viewing and downloading in the course.
Critical Issues Series: Commercial Big-Box Retail