Multiple Income Stream Property - Billboard, tenant, seasonal

[Justin Vermuth]

BP Friends - I have a .65 acre parcel on a busy road in Orlando and have been debating with my partner how to market the property. It has almost $30k in revenue from a retail tenant, a billboard and seasonal vendors. We are intending to sell it but received a great offer to carve out an easement for the billboard first and sell that to another company. In talking with a few commercial channels about the deal it seems like brokers have a tough time explaining to their clients about how they would be buying a property with a billboard but receive no income from it, and it would make it much harder to sell the remainder. It's a question of which is greater, the whole or the sum of the parts? Anybody have experience with this?