CRE Terms to Know: Functional Obsolescence

A descriptive term used to characterize a building that cannot be improved to meet current market standards or tastes without a complete replacement of buildings systems and finishes.

Learn more at https://www.naiop.org

Commercial Real Estate

Valuation Calculator

$
$
$
%
%
0
  
0
  
0%
  
$0
$0
$0 /mo
$0
$0 /mo
Clear Values

Leave a Comment