Property Valuation
The principle of highest and best use requires that a property be used in the manner that is:
AMost profitable to the current owner
BLegally permissible, physically possible, financially feasible, and maximally productive✓ Correct
CConsistent with neighboring uses regardless of profitability
DApproved by the local zoning board
Explanation
Highest and best use is the legally permissible, physically possible, financially feasible, and maximally productive use of a property.
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