Gross Income Multiplier

Definition:  a rule of thumb for estimating the market value of commercial and industrial properties,  the ratio to convert annual income into market value.

Pronunciation:   \ˈgrōs\\ˈmär-kət\\ˈməl-tə-ˌplī(-ə)r\

Used in a Sentence:   The appraiser applied a gross market multiplier when estimating the value of the warehouse.

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