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.
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