This document presents a land valuation technique using GIS. The authors analyzed various land valuation factors spatially using ArcGIS to produce a land valuation map. They determined weights for factors like road access, location, utilities and produced a map showing land parcels graded by value range. The technique helps estimate land values mathematically but has limitations like not considering all legal/personal factors. It was concluded that a GIS-based nominal asset approach can effectively value land by formulating and examining spatial factors.