Property Valuation
The gross building area (GBA) of an Indiana commercial property is measured:
AOnly interior finished space
BThe total floor area of all building levels including exterior walls✓ Correct
COnly the rentable square footage
DOnly the ground floor
Explanation
Gross Building Area (GBA) is the total floor area of all floors, measured from the exterior faces of the exterior walls. It is a common measurement used in cost approaches to valuation.
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