A large, well-known commercial tenant used to draw customers to a retail property, often serving as a pivotal attraction in shopping malls or centers.

The evaluation of a property's market value by a licensed professional based on its features, condition, and comparable property sales.

The rate at which available homes are sold in a specific real estate market during a given time period, indicating the pace at which inventory is moving.

Determines the point at which revenue received equals the costs associated with receiving the revenue for real estate investments. It's crucial for understanding the financial viability of a property.

An estimate of a property's value, performed by a real estate broker. It is less comprehensive and cheaper than a formal appraisal and is often used for short sales, foreclosures, and loan modifications.

Building classifications categorize commercial properties into classes based on factors like age, amenities, location, and overall quality. These classes help investors, tenants, and real estate professionals assess property value and suitability for specific needs.