David Saks: July 2014

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 2874

  #2874

A commercial lot is rectangular and has a frontage of 760 feet and a depth of 500 feet.
How many acres does the lot contain ?
Please take your time. The solution posted below the wildlife photo.

wildlife

A. 8.72 acres

760 ft
*
500 ft
=
380000 square feet
/
43560 square feet (number of square feet in an acre)
=
8.7236 acres or rounded 8.72




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • July 09 2014 03:35PM
Real Estate Practice : Lesson 2874
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#2874 A commercial lot is rectangular and has a frontage of 760 feet and a depth of 500 feet. How many acres does the lot contain Please take your time. The solution posted below the wildlife photo. A. 8. 72 acres 760 ft… more
Real Estate Practice : Lesson 2873
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#873 What would a property be worth if the net return is $9500 per month and the yearly earning is 8% return on the investment Please take your time. The solution is posted below the wildlife photograph. A. $1, 425, 000 9500… more
Real Estate Practice : Lesson 2872
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#2872 In a twelve unit apartment building, three units rented for $1000 per month each, two of the units rented for $1250 each per month, and one of the units rented for $1500 per month. The rest of the units, six of them, were efficiencies… more
Real Estate Practice : Lesson 2871
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#2871 What is the area of a square-acre lot in terms of feet on each side Take your time. the solution is posted below the wildlife photo. A. 208. 7 feet on each side If there are 43, 560 square feet in an acre take out your… more
Real Estate Practice : Lesson 2870
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#2870 How many section comprise a township Please take your time. The solution is posted below the wildlife photo. A. 36 sections 36 sections = 1 township (6 miles long and 6 miles wide) each section equals one… more
Real Estate Practice : Lesson 2869
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#2869 How many acres are there in a township section Please take your time. The solution is poste below the wildlife photo. A. 640 640 Acres = 1 Section Also remember that there are 36 sections in a township. A… more
Real Estate Practice : Lesson 2868
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#2868 A buyer purchased a commercial lot 75 feet wide by 165 feet deep and later sold it for $1, 935. 00 per front foot. What was the selling price of the commercial lot Please take your time. The solution is below the wildlife… more
Real Estate Practice : Lesson 2867
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#2867 Armando Corea bought a square lot which was 10 thousand square feet. He's going to build a house on it which is 45 feet squared and with an average height including the basement of 30 feet. The costs are $250 per front foot… more
Real Estate Practice : Lesson 2866
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#2866 What would the quarterly interest be on a $600, 000 loan which has an annual interest rate of 5. 5% Please take your time. The solution is below the royalty free wildlife photograph. A. $8250 Multiply the annual… more
Real Estate Practice : Lesson 2865
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#2865 Compute the excavation cost for a cellar 25 feet wide 30 feet long and 5 feet deep at a cost of $29. 00 per cubic yard. Please take your time. You'll find the solution below the wildlife photo at the bottom of the page. &… more