Condemned Billboards Valued Using an Income Approach

Business Valuation Update BVLaw
Legal and Court Case Update
April 21, 2000
7312 Outdoor Advertising Services
541850 Indoor and Outdoor Display Advertising
condemnation

Snyder Plaza Properties, Inc. v. Adams Outdoor Advertising, Inc.
No. 991306 (VA 2000)
US
State Court
Virginia
Supreme Court
Bruce F. Hatfield <br> Gregory A. Hanson <br> Donald T. Sutte <br>
Keenan

Summary

The Supreme Court affirmed the valuation of four billboards' leasehold interests in condemned property.

See Also

Snyder Plaza Properties, Inc. v. Adams Outdoor Advertising, Inc.

The Supreme Court affirmed the valuation of four billboard's leasehold interests in condemned property. It valued the leasehold interests using the capitalization of earnings method, and considered possible lease renewals. It rejected the comparable sal ...