Division Corridor Strategy Final Report Division-Corridor-Strategy-Final-Report | Page 47

Land Values Analysis The land values analysis is one of the most important analy cal tools in a study such as this. It iden fi es the exis ng assessed property values as defi ned by the Tarrant County Appraisal District in which land and improvement values are shown on an overall value/land square foot basis. While these values do not refl ect true market value (as owners may have higher expecta ons for the sales price of their land), it does provide a benchmark to compare current assessed value to pricing that is required for either purchase/redevelopment or reinvestment by exis ng owners. Map 2.8 Land Values Analysis 38 Division Street Corridor Strategy City of Arlington