What is the Definition of Average?



Definition: Refers to an average or similar overall appearance and marketability of the property as it relates to other comparable properties in the market or submarket; factors include actual and effective age, structural and aesthetic appeal, physical condition, functional utility, etc.

Pages that Mention Average

Commercial Loan Rates | Current Commercial Mortage Interest Rates

View today's average commercial loan rates. Today's commercial loan rates can average between 2.705% and 12.000%+, depending on the loan product.

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