The value of commercial property in the context of its potential

Journal Title: Zarządzanie i Finanse - Year 2014, Vol 12, Issue 4

Abstract

Determining the property market value based on revenues generated in other similar facilities operating in the market may lead to an overestimation or underestimation of the actual value of the property. Therefore, in the opinion of the authors, the market value of commercial property, understood as the most probable price of the transaction, should consider the individual operating results of the property, and not only on market data obtained from other objects in the local market. Diversity and incomparability commercial properties causes difficulty in estimating their value. In this paper the authors in theory represent the relationship between the level of market value, determined on the basis of typical market data (obtained in typical objects on the local market) and the level of so-called individ ual value, determined on the basis of the property’s potential and its operating results. Also the concept of special value was introduced.

Authors and Affiliations

Stanisław Belniak, Małgorzata Uhruska

Keywords

Related Articles

Uwarunkowania behawioralne decyzji inwestycyjnych 

 W artykule przedstawiono stosowane dotychczas podziały uwarunkowań behawioralnych decyzji inwestycyjnych. Ponadto podjęto próbę klasyfikacji tychże uwarunkowań według dwóch podstawowych kryteriów: podmiotowo-przedm...

Analysis of the legal possibilities for the implementation of public tasks with the use of public resources by the institution of the investment fund

The purpose of this publication is to analyze the possibility of investment public funds in investment certificates issued by investment funds. However, the provisions of the Act on Public Finance seem to restrict the po...

Liberalization energy market in Poland and Liabilities to EU

The energy sector in Poland is the reorganization in accordance with the obligations of EU membership. Along with the reduction of CO2 emissions following the liberalization of the Polish energy sector. The paper present...

 The Bank's Strategy after The Financial Crisis

 This paper presents an evaluation of the strategy of Poland's two largest banks in the context of compliance with the classical management theories. The research shows that there is not a single school of strategi...

Zastosowanie analizy wskaźnikowej oraz modeli wczesnego ostrzegania w prognozowaniu upadłości przedsiębiorstw na przykładzie spółek Irena S.A. i Krosno S.A.  

Celem artykułu jest przedstawienie przydatności analizy wskaźnikowej oraz modeli wczesnego ostrzegania do prognozowania upadłości przedsię-biorstw. W artykule podjęto próbę weryfikacji hipotezy, według której modele wcze...

Download PDF file
  • EP ID EP142770
  • DOI -
  • Views 82
  • Downloads 0

How To Cite

Stanisław Belniak, Małgorzata Uhruska (2014).   The value of commercial property in the context of its potential. Zarządzanie i Finanse, 12(4), 67-78. https://europub.co.uk/articles/-A-142770