Property Valuation
In New Mexico, which factor is MOST important in determining the value of a commercial retail property in Albuquerque?
AThe color of the building exterior
BTraffic counts, visibility, accessibility, and the strength of co-tenants✓ Correct
CThe age of the building
DThe size of the parking lot
Explanation
Commercial retail value is primarily driven by location factors: traffic counts (customer exposure), visibility from roads, ease of access, and the strength of anchor tenants or co-tenants that drive customer traffic.
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