Issues you may be facing to get fair valuation for your property
Though it may seem hard to believe, the government (federal, state, and local) has the power to take private property away from its owners (including businesses) for public use projects such as roads and infrastructure. This power is wielded frequently by the Georgia Department of Transportation (GDOT).
However, according to the law, the government can’t take your property without giving you “just compensation.” Their initial offer will be based on their appraisal of your property’s fair value. This leads many property owners to feel like they’re getting a fair deal, and the government might even tell you that their offer is take it or leave it. But the government generally wants to acquire your property for as little compensation as possible.
You can and almost always should push back against GDOT’s initial offer for your convenience store and gas station property in eminent domain negotiations.
And, because of the complexity of the equipment, zoning, physical location, and other special considerations for many gas stations and convenience stores, there’s a very good chance that the government won’t (or might not even be able to) valuate your property properly.
Some of the issues you may face with your gas station and convenience store property include:
Condemnation
It is nearly impossible to fight the taking when GDOT condemns your property in eminent domain. However, the government has to offer you fair compensation for what they’re taking – though what constitutes “fair value” to them might not be what your land may really be worth, especially with complex properties such as gas stations and convenience stores.
Inverse condemnation
In cases of inverse condemnation, the government takes or damages your property without offering you compensation in return. An example might be if the government takes your neighbors’ land around your gas station and uses it for construction projects that make it impossible for customers to reach your gas pumps. Because of the dramatic reduction in your gas station property’s value, you may have an inverse condemnation claim, and you may be owed significant compensation.
Easement
An easement is when the government takes the right to use a portion of your land for a public use project such as drainage infrastructure, power lines, gas lines, etc. This can get very tricky, for example, when GDOT wants an easement on the portion of your land that includes some of the gas station’s underground storage tanks and associated systems.
An experienced eminent domain attorney can try to ensure you’re compensated for the full value of the land and not just what’s above-ground and visible to the naked eye.
Appraisals
The government is obligated to give you just compensation for what it is taking, but just compensation is negotiable. The government’s appraisal often determines the value of people’s properties incorrectly. This is particularly true when it comes to the complicated nature of valuing land for convenience store and gas station property in eminent domain.
Note: Getting your own appraisal too soon can undermine your case instead of helping it. We work with a statewide network of land experts, including land planners, civil engineers, real-estate brokers, surveyors, and more to help provide an independent appraiser the evidence needed to determine the fair value for your property based on its highest and best use and the full impact of the project.
Relocation
If you’re forced to relocate your gas station or convenience store due to an eminent domain taking, Georgia law says you’re generally entitled to business relocation expenses such as costs for:
- Lost profits
- Reasonable moving expenses
- Loss of value of the property itself
- Reimbursement for expenses incurred while searching for a new property
Of course, relocating a gas station or convenience store is never as simple as picking a new site and moving operations. Location is such a crucial element for gas stations and convenience stores that you could easily be out of business after being forced to move for eminent domain.
Negotiating the government’s initial offer is likely your one and only opportunity to pursue full compensation for everything the taking may be costing you.
Four of our attorneys used to work for a state DOT on some of its biggest cases, but they felt too many property owners struggled to go it alone and left compensation they deserved on the negotiating table. Now, they fight for maximum compensation on behalf of business owners like you.