Land Use & Zoning
The concept of 'highest and best use as vacant' asks:
AWhat the highest and best use of the existing improvements is
BWhat use of vacant land would produce the maximum value, regardless of existing improvements✓ Correct
CWhat use is currently permitted by zoning
DWhat use would produce the highest rent
Explanation
Highest and best use 'as vacant' analyzes the optimal use of the land assuming no improvements exist. It is used to determine the land's contribution to total property value and to identify if current improvements represent the highest and best use.
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