Tribunal awards $391,950 for partial expropriation, finding highest and best use remains existing commercial use.
The claimant sought compensation for the partial expropriation of its property by the Town of Tecumseh for road and service upgrades.
The Tribunal determined that the highest and best use of the property, both before and after expropriation, was the continuation of its existing commercial use, rejecting the claimant's proposed mixed-use redevelopment scenario due to a lack of evidence on financial feasibility.
The Tribunal awarded $332,515 for the fee simple taking based on a value of $73 per square foot, $44,435 for the expropriated easement, and $15,000 for injurious affection related to snow removal costs on the remaining lands.
Claims for disturbance damages were dismissed as premature.