According with the following information: OFFICE: 100,000 square feet, to rent at $24 per square feet; NOI is 60% of gross income; Cap Rate (R) is 10%; and construction costs are $10,000.000. RETAIL: Rental Income $2,400,000; operating expense ratio is 40%; Cap Rate (R) is 11%; and construction cost are $8,000,000. Now find the Highest Implied Land Value.