A popular adage in real estate is that property value is all about "location, location, location." However, for most property types in nonresidential realms, nonlocational requirements are equally or even more important. All of the following are examples of nonlocational factors EXCEPT:
A) Floor plate size
B) Amount of parking
C) Nature of current tenants
D) Proximity to modes of public transportation

Question

Quizplus · Accepted Answer

The other options listed (floor plate size, amount of parking, nature of current tenants) are all examples of nonlocational factors that can impact the value and desirability of a property. Proximity to modes of public transportation is actually a locational factor, as it relates to the accessibility and convenience of the property's location.

A Popular Adage in Real Estate Is That Property Value