Real Estate Glossary

Highest and Best Use

Search for glossary terms (regular expression allowed)


Term Main definition
Highest and Best Use

The reasonably probable and legal use of vacant land or an improved property, which is physically possible, appropriately supported, financially feasible, and that results in the highest value. The four criteria "highest and best use" must meet are: legal permissibility, physical possibility, financial feasibility, and maximum profitability.

Hits - 2251

San Francisco Property Management

47 Kearny Street
San Francisco, CA 94108


Phone: 415-981-5780
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
California DRE #01183885