King County Department of Assessments

Setting values, serving the community, and promoting fairness and equity.

You're in: Assessor >> Look up Property Info >> eReal Property >> Commercial Glossary of Terms

Office Hours:
Mon - Fri
8:30 a.m. to 4:30 p.m.

TEL: 206-296-7300
FAX: 206-296-5107
TTY: 206-296-7888

Glossary of terms for commercial parcels

NET OPERATING INCOME (NOI)
	Net operating income is the income remaining after subtracting operating expenses from effective potential gross income.