Work

Determinants of Industrial Property Value

Year: 1996

Type: article

Abstract: This paper examines the determinants of industrial properly value. We use the factor‐analytic linear structural relations (LISREL) model to confront measurement problems associated with related work. A simultaneous test of the effects on property value of factors summarizing physical property, national market, local market, interest rate and location variables is performed. Findings indicate that the value of industrial buildings during 1987–1991 in the Dallas/Fort Worth area is primarily related to local market effects and to physical characteristics and location of the property.

Source: Real Estate Economics

DOI: 10.1111/1540-6229.00690

Authors: Larry J. Lockwood, Ronald C. Rutherford

Institutions: Texas Christian University, The University of Texas at San Antonio

Language: English

Topic: Housing Market and Economics

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2072485846

FWCI: 3.099

Cites: 16

Cited by: 58

Related to: 10