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>> There's really no way to separate the value of the item on the land from what is on the land. Sure there is. We know this because commercial real estate app
by miked 17y ago
>> There's really no way to separate the value of the item on the land from what is on the land.
Sure there is. We know this because commercial real estate appraisers (whom I wrote software for for many years) do it all the time. The best method is to look for comparable unimproved properties, or to get a value on an improved property and then subtract the cost of the improvements. Not an exact science, but quite doable if you triangulate from several properties.