Question: What does FT mean in real estate?

What does price per front foot mean?

A method of describing or pricing commercial real estate by the number of feet of road frontage the parcel has.

What is PSF property?

To calculate the price per square foot (psf)… |

What’s the definition of front footage?

Front Footage means the frontage which abuts on the street right of way. On corner parcels, it shall be the shortest frontage so abutting. Front footage shall be measured at the building line where lots are irregular in shape.

What is front foot benefit?

FFBC stands for Front Foot Benefit Charge. This charge pays for the construction of the water and sewer lines leading to the property. The County collects this charge on behalf of the Washington Suburban Sanitary Commission (WSSC).

What is sales per foot?

Sales per square foot is a metric commonly used by retail companies to determine the amount of revenue. In accounting, the terms “sales” and generated per square foot of retail space. Sales per square foot can be used to determine the sales efficiency of retail stores.

What does IG mean in real estate?

As you’re searching through the commercial real estate on the market, you may come across the term “IG” or “IG Rent”, suited to industrial business or warehousing. Industrial gross (IG) rent implies that the tenant shares the operating expenses of the building through a monthly rental rate.

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What is CAC in real estate?

CAC: In real estate listings, CAC stands for “central air conditioning,” which means that the listed property has a whole-home air-cooling system.

What does mm mean in real estate?

Units of figures representing millions.

What is W W closet?

W/W: Wall-to-Wall (as in W/W carpet or window or closet)

What does 40 foot lot mean?

It means lots that were forty feet wide. The depth is the half the depth of the block (less the alley if any).

What means back foot?

To be on the back foot means to be put in a defensive position, to be in retreat, to be knocked off balance. Primarily used in British English, on the back foot is a phrase that is most probably derived from the sport of cricket. … An equivalent American phrase is to be knocked off balance or to be on the ropes.