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Destruction of right of access is a compensable taking even if property is still economically viable.

Publication: Appraisal Journal
Publication Date: 22-SEP-08 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Destruction of right of access is a compensable taking even if property is still economically viable.(Recent Court Decisions)

Article Excerpt
The Supreme Court of Ohio ruled that a city's refusal to permit a landlocked property to access an abutting public road was a compensable taking even though the property was not deprived of all economically viable use.

In 1991, Hilltop Basic Resources, Inc. (Hilltop) purchased approximately 30 acres of riverfront property in Cincinnati, which it used primarily as a barge fleeting facility. Hilltop obtained permits to construct a curb cut and driveway...



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