For a commercial site, which datum is normally most relevant to value?
Correct Answer
A) The traffic count passing the location
Why this is correct: For a commercial site, value is heavily influenced by its ability to generate customer traffic and sales. Traffic count (vehicles per day) is a key datum because it directly measures exposure and potential customer base for retail, restaurant, or service uses. Why the other choices are wrong: 'The age of the nearest residential homes' is more relevant to residential valuation. 'The school district the site falls within' is a primary driver of residential value, not commercial. 'The number of bedrooms zoning would allow' pertains to residential development potential. Exam tip: For commercial sites, think traffic, accessibility, visibility, and zoning for commercial use—not residential amenities.
Why This Is the Correct Answer
Why this is correct: For a commercial site, value is heavily influenced by its ability to generate customer traffic and sales. Traffic count (vehicles per day) is a key datum because it directly measures exposure and potential customer base for retail, restaurant, or service uses. Why the other choices are wrong: 'The age of the nearest residential homes' is more relevant to residential valuation. 'The school district the site falls within' is a primary driver of residential value, not commercial. 'The number of bedrooms zoning would allow' pertains to residential development potential. Exam tip: For commercial sites, think traffic, accessibility, visibility, and zoning for commercial use—not residential amenities.
More Land/Site Questions
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Why can the same physical parcel carry different values in two assignments?
In a built-up area where no vacant land has sold for years, which approach to site value is the usual fallback?
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A land comparable sold 18 months ago in a market rising about 4 percent a year. What adjustment direction applies?
Why does a developer's required profit rise for a longer subdivision project?
How does holding cost enter the valuation of land bought for future development?
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Plottage value arises in which of the following situations?
Which of the following is an off-site improvement rather than a site improvement?
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