Valuing Land With Production
I was recently speaking with an investor who was looking at the purchase of an agricultural property. During the discussion, a question came up that applies not only to farms, but to many types of real estate.
What is the property actually worth?
At first, that sounds like a simple question. But the answer depends on what exactly you're valuing.
Let's use the example of a coffee farm with 1,000 mature coffee trees.
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