How much of the net operating income is attributed to the building?

To determine how much of the net operating income (NOI) is attributed to the building, one must focus on the relationship between the income generated and the associated costs and expenses related to that specific property component. The NOI represents the total income a property generates from operations, minus the operating expenses.

If the response indicates that $15,000 is attributed to the building, this figure likely arises from a calculation or analysis that factors in the building’s performance, operating costs, and perhaps its proportion of the total income relative to other components of the property, such as land or additional structures.

In real estate appraisal, it’s important to understand how different elements contribute to total income. It could be that the building has fewer expenses or higher efficiency compared to other income sources, driving a specific income attribution.

Understanding this context helps to clarify that the choice of $15,000 reflects the building's share of overall performance and allows appraisers to analyze individual components during assessments of property value and its income potential.