Pro forma income statements for alternative uses, if supported by local market analysis, suggest the maximum use by showing the highest returns to the land. On this point, note that highest and best use does not necessarily maximize returns to land and buildings, it must maximize returns to the land only. Table 6-1 shows a pro forma income analysis of two land uses for the same site. Annual net operating income for the neighborhood shopping center is some $144,000 before depreciation. Subtracting a 10 percent returns on the building, which allows for capital recapture, leaves $24,000 allocated to land.