Special Use Properties & Mining
02/10/2023
Experience:
Strategic Property Analytic's expertise in property valuation has been pivotal in the resolution of several globally renowned special use property valuation cases. The following cases outlined below provide examples of the cases we have worked on. Please note that many of our projects are ongoing and confidentiality precludes us sharing further details.
Mining
Various Locations “Highest and Best Use” (HaBU) is an appraisal analysis that establishes the most valuable use of a property based on its legally permissible, physically possible, financially feasible, and maximally productive use. An accurate HaBU analysis is the heart of any valuation but is even more relevant when it comes to mineral properties. There’s no better example than San Diego Gas & Electric v. Schmidt; in this case, SPA’s analysis of Highest and Best Use set the standard for greenfield valuation in California State courts.
