IIPR (Innovative Industrial Properties) Land And Improvements: $0.0 Mil (As of Mar. 2026)

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IIPR Innovative Industrial Properties Inc IIPR
77 GF Score
Price $64.35
GF Value $64.87
Valuation Fairly Valued
! 12 Warning Signs
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What is Innovative Industrial Properties Land And Improvements?

Innovative Industrial Properties IIPR -0.19% 77 Land And Improvements is $0.0 Mil as of Mar. 2026. GuruFocus rates IIPR with a GF Score™ of 77/100 and a GF Value™ of $64.87 (Fairly Valued). The stock has 12 warning signs investors should review.

Innovative Industrial Properties's land and improvements for the quarter that ended in Mar. 2026 was $0.0 Mil.

Innovative Industrial Properties Land And Improvements Historical Data

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The historical data trend for Innovative Industrial Properties's Land And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Innovative Industrial Properties Land And Improvements Chart

Innovative Industrial Properties Annual Data
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Innovative Industrial Properties Quarterly Data
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IIPR
77GF Score
Innovative Industrial Properties Inc IIPR
Land And Improvements is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Industrial Properties Land And Improvements Calculation

Land is the surface or crust of the earth, which can be used to support structures, and may be used to grow crops, grass, shrubs, and trees. Land is characterized as having an unlimited life (indefinite). Land improvement is a long-term asset which indicates the cost of the constructed improvements to land, such as driveways, walkways, lighting, and parking lots.

Frequently Asked Questions Learn more about Land And Improvements →
What does a Land And Improvements of $0.0 Mil mean?
Innovative Industrial Properties (IIPR) has a Land And Improvements of $0.0 Mil as of Mar. 2026. Land and improvements records the total value of a company's land and improvements to it. View historical data on Innovative Industrial Properties and its competitors.
Is Innovative Industrial Properties' Land And Improvements too high?
Innovative Industrial Properties' current Land And Improvements is $0.0 Mil. Overall, Innovative Industrial Properties has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovative Industrial Properties' Land And Improvements compare to SMA and ILPT?
Innovative Industrial Properties' Land And Improvements of $0.0 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Land And Improvements for a REITs company?
A good Land And Improvements depends on the REITs industry context. However, Land And Improvements should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Land And Improvements mean?
A high Land And Improvements can signal that a stock is expensive relative to its fundamentals. Land and improvements records the total value of a company's land and improvements to it. View historical data on Innovative Industrial Properties and its competitors. Innovative Industrial Properties's current Land And Improvements is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Industrial Properties stock overvalued right now?
Based on GuruFocus' analysis, Innovative Industrial Properties (IIPR) is currently considered Fairly Valued. The stock's GF Value™ is $64.87, compared to a current price of $64.35 — trading 0.8% below its estimated fair value. The current Land And Improvements is $0.0 Mil. Innovative Industrial Properties' overall GF Score™ is 77/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Land And Improvements calculated?
Land And Improvements is calculated from a company's financial statements. For Innovative Industrial Properties (IIPR), the current Land And Improvements is $0.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Innovative Industrial Properties (IIPR) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Industrial Properties stock appears to be undervalued. The current stock price of $64.35 is trading 0.8% below its estimated GF Value™ of $64.87. GuruFocus considers Innovative Industrial Properties to be Fairly Valued.

Key valuation signals for IIPR:

  • Land And Improvements: $0.0 Mil
  • GF Value™: $64.87 vs. price of $64.35 (0.8% below fair value)
  • GF Score™: 77/100 with 12 warning signs

No single metric tells the full story. See the IIPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Innovative Industrial Properties Business Description

Industry Real EstateREITs
Address 1389 Center Drive, Suite 200, Park City, UT, USA, 84098
Innovative Industrial Properties Inc is a real estate investment trust focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are prominently leased to state-licensed operators for their regulated cannabis facilities. The company conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by its Operating Partnership, directly or through subsidiaries. Its segments are: Cannabis Portfolio and Life Science Portfolio, with the majority of revenue coming from the Cannabis Portfolio segment, which involves acquiring, developing, and leasing real estate to regulated cannabis operators on long-term triple-net leases.
77GF Score

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Land And Improvements is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$64.35
Price
$64.87
GF Value