Is an analysis to determine the 1) legally permissible, 2) physically possible, 3) financially feasible, and 4) maximally productive use for which a site or property could be utilized.  For raw land, highest and best use analysis could propose subdivision or development with a specific use(s).  For improved property, a highest and best use study could reveal renovation, conversion, or redevelopment as the maximally productive use.  GRHCo provides this service on a local basis.