Gross Income Multiplier Method Approved for Valuing Condemned Billboards

Business Valuation Update BVLaw
Legal and Court Case Update
July 2, 1998

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (455 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
7312 Outdoor Advertising Services
541850 Indoor and Outdoor Display Advertising
condemnation
Vivid, Inc. v. Wisconsin Department of Transportation
No. 96-1900 (WI 1998)
US
State Court
Wisconsin
Supreme Court
Bablitch

Summary

The Supreme Court determined the just compensation due from the WDOT for the condemnation of billboards.

See Also

Vivid, Inc. v. Wisconsin Department of Transportation

Full Text of Court Cases
July 2, 1998

The Supreme Court valued determined the just compensation due from the WDOT for the condemnation of billboards. It approved of the use of the gross income multiplier (GIM) method in this case because the profits were derived from the property's use were ...