Impact of commercial development on adjacent residential properties

• Published in: The Appraisal journal Vol. 66; no. 1; p. 6
• Main Author: Crafts, John M
• Format: Journal Article
• Language: English
• Published: Chicago The Appraisal Institute 01.01.1998; Appraisal Institute
• Subjects: Case studies; Commercial real estate; Community development; Comparative analysis; Economic development; Housing developments; Industrial development; Influence; Land development; Neighborhoods; Pharmacy; Price variance; Project management; Property values; Real property; Retail industry; Sales; Shopping centers; Studies; Valuation; Zoning; United States > US; New Hampshire

In the town of Henniker, New Hampshire, a proposal to build a 9,800-square-foot pharmacy at the edge of a commercial zone met significant opposition from the community, especially abutting residential property owners. A study requested by the Henniker Planning Board to assess how the project might i...