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HIGHEST & BEST USE <br /> AS—IF VACANT <br /> Legally Permissible: <br /> The site is zoned for commercial uses and is located on a corner. <br /> Physically possible: <br /> A broad range of smaller sized general commercial uses are physically possible on the subject <br /> site. <br /> Financially Feasible: <br /> General commercial uses are financially feasible on the subject site. <br /> Maximally Productive: <br /> The maximally productive use of the site is general commercial uses. <br /> AS IMPROVED <br /> Legally Permissible: <br /> General commercial uses are legal under the present zoning of the subject site. Uses are such as <br /> social halls, schools, and churches are legal under any zoning classification. <br /> Physically possible: <br /> As noted in the site analysis, the land to building ratio falls below typical ranges for the market <br /> area. However,there is street parking permitted along Olive Street. <br /> Financially Feasible: <br /> The improvements contribute value to the site. (See Approaches To Value) Therefore, they are <br /> judged to be financially feasible. <br /> Maximally Productive: <br /> To reach their maximally productive use the improvements need to be updated The present set of <br /> improvements are judged to be maximally productive. <br /> 17 <br />