This is definitely true in large apartment buildings, where units are very comparable and leases are identical. Not so much in commercial where lease terms may

This is definitely true in large apartment buildings, where units are very comparable and leases are identical. Not so much in commercial where lease terms may vary widely, and even units in the same building may be meaningfully different in value based on how they're currently configured and who's looking to rent (e.g. if you want to rent a space to start a restaurant, and it was previously set up as a restaurant, you've got a lot of infrastructure there already, so it's more valuable to you as a tenant than it would be to someone who wants to use it as a hardware store).