Features of Determining the Entrepreneur’ Profit in the Agricultural Land Cadastral Valuation Under Buildings and Structures

Currently, there is an acute problem of acquiring agricultural land for the production, storage and primary processing of agricultural products and determining the value of these sites. The use of the allocation method to determine the value of land under production facilities is fraught with a number of difficulties. Based on this, it is proposed to determine the value of the plot as the sum of the value of the land plot, calculated according to the value of the surrounding land, plus a certain amount of added value arising from the synergistic effect of joint investments in the creation of a single real estate object. Several possible variants of such calculations were considered in the work. As a result, it was found that the market value of the land is made up of the market value of the surrounding land (as a complete analogue of the assessed plot) and a coefficient equal to the rate of return on invested capital. In this case, the market (in this case—cadastral) value of the acquired land can be obtained from the results of the assessment of the first type of land use. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Authors
Nosov V. 1, 4 , Zhichkin K.2 , Zhichkina L.2 , Vaganova O.3 , Kotyazhov A.1
Collection of articles
Publisher
Springer Science and Business Media Deutschland GmbH
Language
English
Pages
25-38
Status
Published
Volume
180
Year
2022
Organizations
  • 1 K.G. Razumovsky Moscow State University of Technologies and Management, Moscow, 109004, Russian Federation
  • 2 Samara State Agrarian University, Kinel, 446552, Russian Federation
  • 3 Yuri Gagarin State Technical University of Saratov, Saratov, 410054, Russian Federation
  • 4 Peoples’ Friendship University, Moscow, 117198, Russian Federation
Keywords
Agricultural land; Buildings; Cadastral valuation; Entrepreneur’s profit; Full replacement cost
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