RAILROAD RIGHT-OF-WAY USE AND ECONOMIC VALUE

The economic value associated with the use of railroad rights of way is defined and its measurement is discussed. As long as existing uses are unchanged, the value of a right of way may be substantial but there is no compelling reason to know what it is. Changes in such use arising from causes such as abandonments, supplementary uses by others seeking transmission facilities or new public transport corridors, or assumption of private rail facilities by governments can make valuation important. Assembled rights of way represent a resource for society that should not be discarded lightly and efforts to avoid dismemberment should be stressed.

• Corporate Authors:

  American Institute of Real Estate Appraisers

  155 East Superior Street
  Chicago, IL  United States  60611
• Authors:
  • Beetle, G R
• Publication Date: 1977-10

Media Info

• Pagination: p. 511-518
• Serial:
  • APPRAISAL JOURNAL
  • Volume: 45
  • Issue Number: 4

Subject/Index Terms

• TRT Terms: Abandonment; Economic analysis; Highways; Industry structure; Joint use; Nationalization; Ownership; Pipelines; Rapid transit; Right of way (Land); Transmission lines; Valuation
• Old TRIS Terms: Joint facilities
• Subject Areas: Economics; Finance; Pipelines; Planning and Forecasting; Public Transportation; Railroads; Terminals and Facilities;

Filing Info

• Accession Number: 00170568
• Record Type: Publication
• Files: TRIS
• Created Date: Feb 16 1981 12:00AM