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warehouse/office use; however, these uses would probably produce
less income than research and development use would.
We also note that the Litton building's bathrooms were
designed to accommodate 400 people per shift, and it had a
cafeteria and a significant number of offices.
Based upon our review of all the evidence, giving due
consideration to our observation at trial of the witnesses for
both parties and considering their testimony and the expert
reports, we conclude that the highest and best use of the Litton
building on the date of valuation was as an industrial facility
such as a warehouse or warehouse/office.
B. The Parcel of 30.3 Acres
1. Mr. Cantrell's Report and Petitioners' Contentions
Mr. Cantrell determined that the highest and best use of the
parcel of 30.3 acres at the time of the gift was as an industrial
subdivision (11 industrial lots). In reaching this conclusion,
Mr. Cantrell states in his report that the lots had good and
typical access, the site was zoned M-1 for light industrial use,
and the location of the parcel of 30.3 acres would almost
certainly dictate commercial or industrial uses while excluding
agricultural and residential uses.
Petitioners also contend that the parcel of 30.3 acres was
part of the "Lubbock Industrial Park". Henry Huneke, an employee
of Mr. Sessions who has worked in the construction business in
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