{"data":{"id":"us-va/24vac30-41-440","jurisdiction":"us-va","citation":"24VAC30-41-440","heading":"Highest and best use other than residential","body":"When the acquired dwelling is located on a site where the fair market value is established on a use higher and better than residential, the purchase supplement maximum amount will be determined by deducting the acquisition price of the acquired dwelling plus the acquisition price of that portion of the acquired land which represents a tract typical in size for the area from the probable selling price of the most comparable listing. The following calculation shows how this amount is determined:\n\nExample\n\nAcquired Dwelling on Commercial Zoned Site\n\nThe acquired house (whole take) is on a five-acre site zoned  commercial. The typical residential lot in the area is one acre. The land is  appraised at $50,000/acre and the dwelling is valued at $10,000 as an interim  use.\n\nA comparable house on a residentially zoned lot is available  for $70,000 (after adjustment). The maximum purchase supplement amount is  determined below:\n\nDisplacement property value\n\n$100,000\n\nComparable property\n\n$70,000\n\nLESS: Value of the house acquired on one acre\n\n$60,000\n\nMaximum Purchase Supplement Amount\n\n$10,000","path":["Title 24. Transportation And Motor Vehicles","Agency 30. Department of Transportation","Chapter 41. Rules and Regulations Governing Relocation Assistance","Part VIII. Replacement Housing Payments for Owner-Occupants of 90 Days or More"],"source_url":"https://law.lis.virginia.gov/admincode/title24/agency30/chapter41/section440/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:54:24Z","sha256":"60960b1ab14f278a2dfda838b27a9c06258250ba3082b31b65400f6d027f62fd","source_id":"us-va-vac","stale":false,"prev":"us-va/24vac30-41-430","next":"us-va/24vac30-41-450"},"notice":"GroundRules: Original legal text. Not legal advice."}