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Appraisal - Chapter 9. Highest and Best Use

Horizontales
__ land is land that is part of the site being appraised, that is more than what is necessary for the site’s highest and best use, but has a separate legal description and could be sold off separately and not affect the site’s current highest and best use value.
Highest and best use is more likely to be associated with a __ property or multi-family property rather than a single-family residential dwelling
Determining highest and best use really comes down to __ concerns.
There can only be __ highest and best use at any given point in time.
A key factor in determining the highest and best use in the appraisal process is to look objectively at the __ itself without considering the improvements.
Verticales
__ land is land that is part of the site being appraised, that is more than what is necessary for the site’s highest and best use.
It’s possible that a piece of property would be too __ to develop and therefore make it not worth pursuing.
A __-conforming use property is one that does not conform to current zoning regulations, but is allowed to do so because it was being used in that way before the new zoning regulations were put in place.
If a site is not being used as its highest and best, then the owner is losing __.
Deed restrictions and government __ will be of primary concern when evaluating highest and best use.