The purpose of the final assignment is to investigate the spatial and financial aspects of the commercial/industrial real estate properties surrounding Erie Station Village web link...

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The
purpose
of the final assignment is to investigate the spatial and financial aspects of the commercial/industrial real estate properties surrounding
Erie Station Village
web link (http://www.eriestation.net/index.html) & (http://www.eriestation.net/ESV_CommunityOverview.html).
The
objectives
of this final assignment are to demonstrate an: (1) understanding of your municipal tax authority’s web-based financial data sources and (2) familiarity with spatial tools such as GIS, Goggle Earth.
The
deliverable
for your final assignment is a
3-page
mini report

that shows the spatial location of your facility and its current tax assessment valuation using the following formatting:

Page 1

Executive Summary: Provide a ½ page
summary of your findings
for your boss.

Page 2

Spatial Map: Spatially show how your facility/property relates to the surrounding facilities/properties, i.e. tax parcel boundary data.

Page 3

Summary Table: Show in tabular format the relevant facility name & associated tax parcel numbers/acreages/assessed values of your facility & the surrounding facilities/properties.
You must use resources such as Goggle Earth, GIS, AutoCAD, Tax Assessor websites, etc. I highly encourage you to reach out to your organization’s real estate guru to better understand your organization’s GIS capabilities.


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ASSIGNMENT 20122 The purpose of the final assignment is to investigate the spatial and financial aspects of the commercial/industrial real estate properties surrounding Erie Station Village web link ( HYPERLINK "http://www.eriestation.net/index.html" http://www.eriestation.net/index.html) & ( HYPERLINK "http://www.eriestation.net/ESV_CommunityOverview.html" http://www.eriestation.net/ESV_CommunityOverview.html). The objectives of this final assignment are to demonstrate an: (1) understanding of your municipal tax authority’s web-based financial data sources and (2) familiarity with spatial tools such as GIS, Goggle Earth. The deliverable for your final assignment is a 3-page mini report that shows the spatial location of your facility and its current tax assessment valuation using the following formatting: Page 1 Executive Summary: Provide a ½ page summary of your findings for your boss. Page 2 Spatial Map: Spatially show how your facility/property relates to the surrounding facilities/properties, i.e. tax parcel boundary data. Page 3 Summary Table: Show in tabular format the relevant facility name & associated tax parcel numbers/acreages/assessed values of your facility & the surrounding facilities/properties. You must use resources such as Goggle Earth, GIS, AutoCAD, Tax Assessor websites, etc. I highly encourage you to reach out to your organization’s real estate guru to better understand your organization’s GIS capabilities. The resources listed below are provided to assist you with your investigations. Reference Listing 1. Clason, J., 2007, Building Information Modeling: Value for Real Estate Developers & Owners, Thesis, MIT 2. Rich, S and Davis, K., 2010, Geographic Information System for Facility Managers, White Paper, IFMA Foundation 3. Campbell, J., 2010, Understanding the Basics of Real Estate Leasing, Chapter 16, Facility & Property Management Guidebook, Campbell Consulting Group 4. Campbell, J., 2010, The Fundamentals...



Answered Same DayDec 22, 2021

Answer To: The purpose of the final assignment is to investigate the spatial and financial aspects of the...

Robert answered on Dec 22 2021
116 Votes
Real estate
Real estate study
Erie Station Village
Real estate
Executive Summary
The geographic location is extremely crucial to a business. Th
e real estate study for Erie
Station Village helps understand that it is a luxury apartments in West Henrietta, in the suburbs
of Rochester in New York. As a commercial property, there are several tax applications with
regard to ownership and taking a loan for purchasing it. As there are loans available at the rate of
5% to 9%, it helps in gaining tax waivers and deductions on amount of loan installment as well
as the interest paid (apartments.com, 2013).
Looking at the capital amount, we have also considered the renting options which range
from $715 to $ 1325 for a studio, where in the rent is shown as an expense and tax is exempted
on the rent amount. The various amenities have also been considered as important while forming
a decision of choosing the right location. It helps compare various properties and then make a
decision on where to locate the investment.
Spatial Map
Address: Hendrix Rd, West Henrietta, NY 14586, United States
http://maps.google.co.in/maps?hl=en&um=1&ie=UTF-8&q=Erie+station+village&fb=1&gl=in&hq=Erie+station+village&hnear=Erie+station+village&cid=0,0,5600652419610376349&sa=X&ei=EhkWUcqIB4LLrQee04C4Bg&ved=0CIsBEPwSMAA
Real estate
Introduction
As the location is well suited and it is beneficial for a business since it is located at the
heart of the city, it is quite apt for this place to...
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