Section 4.3.2
4.3.2. Criteria for Analysis.As discussed in Section 1.5.2, in determining a property’s highest and best use, each potential use must be analyzed using four criteria: (1) physical possibility, (2) legal permissibility, (3) financial feasibility and (4) degree of profitability. Because most property is adaptable to several uses, the highest and best use is the physically possible, legally permissible, and financially feasible use that results in the highest value. 28