Property Valuation
Highest and best use is defined as the use that is:
AThe use currently permitted by zoning only
BLegally permissible, physically possible, financially feasible, and maximally productive✓ Correct
CThe most expensive use regardless of zoning
DThe use preferred by the adjacent property owners
Explanation
Highest and best use is the reasonably probable use that is legally permissible, physically possible, financially feasible, and that produces the highest value.
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