WebSo the highest and best use of the land is as a pipeline corridor. A pipeline corridor or land for a pipeline corridor has a much higher value than land that’s just recreational or agricultural. In this case, one of the valuation opinions for this land was that its highest and best use is a pipeline corridor. WebThe Appraisal Institute defines highest and best use as follows: The reasonably probable and legal use of vacant land or an improved property that is physically possible, …
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Web14 de out. de 2014 · Empirical evidence suggests that exclusionary zoning-which serves to prevent other higher-value land uses from locating in an area zoned for industrial use-has remained popular in US city... Web26 de set. de 2016 · The highest and best use of land is an analysis tool that evaluates the utility of land to a prospective buyer, stripping away all but the economic essentials. Splendid views, land conservation, recreation – all are shuffled to the sideline. All that … csusb psychology roadmap
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WebThe land may be suitable for a much higher, or more intense, use. For instance, the highest and best use of a parcel of land as though vacant may be for a 10-story office building, while the office building that currently occupies the site has only three floors." 3 Web- Land use and 'highest and best' use analysis - Management of portfolio sales for private, institutional and public companies - Managing the sale process through to settlement, including... Web10 de jan. de 2024 · According to Jim Pruitt (and the Dictionary of Real Estate Appraisal 6 th Edition), “Highest and best use is the reasonably probable use of property that results in the highest value. This use must be legally permissible, physically possible, financially feasible, and maximally productive.” Conducting a Highest and Best Use Analysis csusb psychology courses