Real Estate · Real Estate Math

A rectangular lot measures 80 feet by 150 feet. Approximately how many acres is the lot? (1 acre = 43,560 sq ft)

Correct answer

About 0.28 acre

  1. A About 0.55 acre
  2. B About 1.2 acres
  3. C About 0.28 acre
  4. D About 2.0 acres

Why this is the answer

First find the area in square feet: 80 ft × 150 ft = 12,000 sq ft. Then convert to acres by dividing by 43,560 sq ft per acre: 12,000 ÷ 43,560 ≈ 0.275, which rounds to about 0.28 acre. Area-and-acreage problems are common on the math portion, and the key fact to memorize is that one acre equals 43,560 square feet. The method is always the same: compute the area in square feet (length × width for a rectangle), then divide by 43,560 to express it in acres. Keeping the conversion factor memorized lets you handle lot-size and land questions quickly.
Source: Real Estate Principles, Area and Acreage Math

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About this topic: Real Estate Math

Commission splits, interest calculations, down payments, and the gross rent multiplier appear on every real estate exam. This is one of 8 Salesperson (National) questions on real estate math, each with a full explanation on a single study page.

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