Web20 de ago. de 2024 · The U.S. land area covers nearly 2.3 billion acres. In 2012, the latest update to ERS's Major Land Uses (MLU) series, grassland pasture and range uses … 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.
Property sustainable value versus highest and best use analyzes
Web30 de abr. de 2024 · The definition of highest and best use of land as if vacant requires appraisers evaluate the following four criteria. 1. Legal Permissibility Appraisers begin … 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 … dicks hadley mass
Highest and best use of agricultural land in …
WebAnalyzing Vacant Land. Regardless of property type, the approach to determine highest and best use is the same. When analyzing vacant land, the amount of land and how it … Webbest use opinion: 1. Legally permissible 2. Physically possible 3. Financially feasible 4. Maximally productive An appraiser generally considers these criteria sequentially. The tests of physical possibility and legal permissibility can be applied in either order, but they both 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 dicks half rack