Roadway Alignments as Assets: Evaluating Alternatives for Valuing Major Highway Corridor Rights of Way

According the Federal Highway Administration, there are almost 4 billion linear miles of roads and streets in the United States, 3 billion of which are publicly managed. If one assumes an average of 40 feet for right-of-way width, this means there are around 625 billion square feet of public roadway rights-of-way with a potential book valuation of about $3.5 trillion, or $70 billion in an average-sized state. A series of short-sighted decisions about direct accesses, traffic signals, median breaks, or adjacent land development could to significantly diminish the value of such assets. The research approach will involve using available data from real estate assessment databases, Iowa Department of Transportation records, and highway benefit-cost models to develop alternative valuations for the corridor.


  • English


  • Status: Completed
  • Sponsor Organizations:

    Midwest Transportation Consortium

    Iowa State University
    Ames, IA  United States  50010-8664
  • Start Date: 20030501
  • Expected Completion Date: 0
  • Actual Completion Date: 20101201
  • Source Data: RiP Project 19326

Subject/Index Terms

Filing Info

  • Accession Number: 01481681
  • Record Type: Research project
  • Source Agency: Midwest Transportation Consortium
  • Files: UTC, RiP
  • Created Date: May 21 2013 1:01AM