A vacant piece of land measuring 75 feet wide by 100 feet deep sells for $150,000. How much did it sell for per front foot?

To determine the selling price per front foot for the vacant piece of land, you need to focus on the width of the property, as the front foot measurement typically refers to the width along the street or access point.

The property measures 75 feet wide and sold for $150,000. To find the cost per front foot, divide the total sale price by the width of the property in feet:

$150,000 ÷ 75 feet = $2,000 per front foot.

This calculation reveals that the selling price per front foot is $2,000, making it the correct answer.

Understanding the measurement of front foot pricing is essential in real estate as it helps to compare the value of different properties based on their access and visibility, critical factors in determining property value.