Nat'l Adv. Co. v. STATE, DEPT. OF TRANSP.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• advertising income appropriately considered in valuing condemned leasehold interests, noting “importance of location,” “difficulty in relocating”
• approving the income capitalization approach to determine the value of a leasehold interest when the billboard could not be relocated to a comparable site
• discussing the income capitalization approach in the context of property that generated advertising income from billboards
• advertising income appropriately considered in valuing condemned leasehold interests, noting importance of location
• failing to consider the income generated by the billboards was error where a county ordinance restricting the replacement of existing billboards made it impossible for the company to erect new billboards in a comparable location

Source: CourtListener parenthetical corpus (CC0).