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surplus land

  1. S

    How to value surplus land based on future income production

    I'll try to brief. I am a Realtor and I have a friend who owns a hangar complex at a local airport for recreational aviators. She has asked me to help her determine the value of her property. She has three parcels of land. Parcel 1 has 23 hangars on it that are producing a profit of about...
  2. E

    FHA/combined Lots/excess Land/highest And Best Use

    Currently working on an FHA appraisal of a 5 acre manufactured home. During the inspection the owner informed me that he inherited the front 3 acres of the property 6 years ago and combined it with his 2 acres to get the 5 he has now. All improvements on the property are on the rear 2 acres...
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