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Updated almost 7 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Robert Chiang
  • Real Estate Professional
  • Newport Beach, CA
2
Votes |
9
Posts

Eminent Domain Question for Strip Mall

Robert Chiang
  • Real Estate Professional
  • Newport Beach, CA
Posted

The City is planning on acquiring a portion of my land, just the landscaping portion.  How do you normally value or appraise the land the City is taking of the landscaping portion?  Would your appraisal compare to vacant land or developed retail centers similar to mine (so by cap rate)?

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