27 - Alaska

The highest and best use to which the property may be put must be considered in determining fair market value. Martens v. State, 554 P.2d at 409; Babinec v.State, 512 P.2d 563, 570-71 (Alaska 1973); Dash v.State, 491 P.2d at 1073; Ketchikan Cold Storage Co., 491 P.2d at 151.In essence, the highest and best use of the property is the reasonably probable legitimate use that makes the property ... ................
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