The Loss of Neighborhood Value Adjacent to New Medical/Commercial Development

This peer reviewed journal demonstrated that for medical office or office residential, property values were deteriorated in the surrounding 0.75-mile area over what they otherwise would have been without the development. That loss increases with time, so the property value losses are not recouped.

https://www.jacksoncountygov.com/AgendaCenter/ViewFile/Item/587?fileID=5325