Property Valuation
Oklahoma industrial properties have unique appraisal considerations because:
AThey are always appraised at cost only
BThey may have specialized features (rail access, clear heights, loading docks, power capacity) that affect value and limit the comparable sales pool, often requiring more reliance on the cost and income approaches✓ Correct
CIndustrial appraisals are the same as residential
DOnly square footage matters for industrial valuation
Explanation
Industrial property appraisals must consider specialized features: ceiling heights, dock-high doors, rail access, power capacity, column spacing, and environmental condition. These features may make finding comparable sales difficult, increasing reliance on cost and income approaches.
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