annual NOI multiplied by an industry standard rate of return higher, risk-adjusted return annual NOI multiplied by an industry standard rate of return annual NOI multiplied by an industry standard rate of return annual NOI multiplied by an industry standard rate of return annual NOI multiplied by an industry standard rate of return annual NOI multiplied by an industry standard rate of return Commercial real estate is fairly easy to value higher, risk-adjusted return higher, risk-adjusted return annual NOI multiplied by an industry standard rate of return reported annual NOI multiplied by an industry standard rate of return annual NOI multiplied by an industry standard rate of return annual NOI multiplied by an industry standard rate of return annual NOI multiplied by an industry standard rate of return annual NOI multiplied by an industry standard rate of return capitalization (cap) rate