The Land Residual Technique is a method used in real estate appraisal to estimate the value of land by using the net operating income (NOI) and the value and return of improvements on the property. It is especially useful for feasibility analysis and determining the highest and best use of a property.
Residual Techniques are methods used to estimate the value of a building or land, based on the known value of the other and a specified rate of return.
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