OAR 738-010-0055
Highest and Best Use of State-Owned Aeronautical Property

An appraisal or market rent analysis conducted pursuant to sections 738-010-0035 (Fair Market Value Cost of Construction — Adjustments of Unimproved Land, Improved Land and Facility Rents) through 738-010-0050 (Rate of Return) shall assume that the highest and best use of the property is for aviation-related activities, and shall further assume:

(1)

That the property under analysis will continue to be part of an operating public use airport; and

(2)

That access to the infrastructure and amenities of the airport will continue to be available to the public.

Source: Rule 738-010-0055 — Highest and Best Use of State-Owned Aeronautical Property, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=738-010-0055.

Last Updated

Jun. 8, 2021

Rule 738-010-0055’s source at or​.us