What is the total sale price of a vacant parcel described as 80 feet wide by 200 feet deep selling for $200 per front foot?

What is the total sale price of a vacant parcel described as 80 feet wide by 200 feet deep selling for $200 per front foot?

• A. $16,000
• B. $12,000
• C. $20,000
• D. $18,000

Answer: (A)

The price is based on frontage: you pay for each foot of street-facing width, not for the whole area. With 80 feet of frontage at $200 per front foot, multiply 80 by 200 to get 16,000. The depth doesn’t affect this calculation when the rate is per front foot. If the frontage were 60 feet, it would be 60 × 200 = 12,000; 100 feet would be 20,000; 90 feet would be 18,000.

The price is based on frontage: you pay for each foot of street-facing width, not for the whole area. With 80 feet of frontage at $200 per front foot, multiply 80 by 200 to get 16,000. The depth doesn’t affect this calculation when the rate is per front foot. If the frontage were 60 feet, it would be 60 × 200 = 12,000; 100 feet would be 20,000; 90 feet would be 18,000.