EFFECTS OF ACCESS ON HIGHWAY RIGHT-OF-WAY COSTS

THE PRIMARY OBJECTIVES OF THIS STUDY WERE TO DETERMINE: (1) THE EFFECT OF ACCESS (IN TERMS OF WHETHER OR NOT FRONTAGE ROADS WERE PROVIDED FOR REMAINDER PROPERTIES) UPON RIGHT-OF-WAY COSTS, AND, (2) THE EFFECT OF ACCESSIBILITY (IN TERMS OF DISTANCE TO THE NEAREST INTERCHANGE) UPON THE VALUE OF ABUTTING PROPERTIES. A TOTAL OF 342 ROW ACQUISITIONS AND 715 REMAINDER SALES WERE ANALYZED. ACCESS EFFECT FINDINGS WERE: (1) ANALYSIS OF ACQUISITIONS OF 2,000 ACRES OF UNIMPROVED PROPERTY SHOWED THAT THE AVERAGE PRICE PER ACRE FOR RIGHT-OF-WAY WAS $270 WHERE NO FRONTAGE ROADS WERE PROVIDED AND $158 WHERE FRONTAGE ROADS WERE PROVIDED--A DIFFERENCE OF OVER 43 PERCENT. (2) GRAINTING OF ACCESS REDUCED DAMAGES TO REMAINING PROPERTY BY ABOUT $225 PER PARCEL, ALTHOUGH DAMAGES WERE ABOUT $162 PER ACRE FOR PROPERTY WITHOUT ACCESS AND ABOUT $76 PER ACRE FOR PROPERTY WITH ACCESS. (3) THE NET ACCESS INFLUENCE ON ABUTTING PROPERTY (DIFFERENCE BETWEEN PERCENTAGE CHANGES IN PRICES OF FRONTAGE AND NON- FRONTAGE PROPERTIES ADJUSTED FOR CHANGES IN NONABUTTING CONTROL PROPERTIES) WAS AN INCREASE OF 153 PERCENT FOR UNIMPROVED, AND INCREASE OF 12 PERCENT FOR AGRICULTURE, AND A DECREASE OF 19 PERCENT FOR URBAN RESIDENTIAL. ACCESSIBILITY EFFECT FINDINGS WERE THAT: (1) MEAN PROPERTY VALUES RANGED FROM A HIGH OF $17,642 PER ACRE DIRECTLY AT THE INTERCHANGE TO A LOW OF ABOUT $5,000 AT A DISTANCE OF ONE-HALF MILE. (2) VALUE INCREASES FROM THE BEFORE TO THE AFTER PERIOD RANGED FROM A HIGH OF 273 PERCENT AT THE INTERCHANGE TO 17 PERCENT AT A DISTANCE OF ONE-HALF MILE. /BPR/

  • Supplemental Notes:
    • Hpr-1(6), 82-1
  • Corporate Authors:

    Texas A&M University, College Station

    College Station, TX  USA  77840

    Texas State Department of Highways & Public Transp

    11th and Brazos Streets
    Austin, TX  USA  78701

    Bureau of Public Roads /US

    400 7th Street, SW
    Washington, DC  USA  20590

    Federal Highway Administration

    1200 New Jersey Avenue, SE
    Washington, DC  USA  20590
  • Authors:
    • Franklin, W D
    • Evans, L A
  • Publication Date: 1967-10

Subject/Index Terms

Filing Info

  • Accession Number: 00200806
  • Record Type: Publication
  • Source Agency: Bureau of Public Roads /US
  • Report/Paper Numbers: HPR 1/6/
  • Files: TRIS, USDOT, STATEDOT
  • Created Date: Jan 16 1994 12:00AM