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- Title
Income capitalization approach rejected in valuation of truck stop partial taking.
- Abstract
Reports on the ruling issued by the Supreme Court of Wisconsin in July 2003 on the case involving National Auto Truckstops Inc. and the State Department of Transportation. Admissibility of an evidence based on the income approach in an eminent domain proceeding where comparable sales evidence was available; Description of the truck stop owned by National which was condemned by the transportation department; Appraisal of the site; Argument raised by National on an approach to valuation.
- Subjects
LEGAL judgments; WISCONSIN. Supreme Court; NATIONAL Auto/TruckStops Inc.; EMINENT domain; VALUATION; TRUCK stops; SERVICE stations
- Publication
Appraisal Journal, 2004, Vol 72, Issue 2, p89
- ISSN
0003-7087
- Publication type
Case Study