Not under an LVT. The amount of rent a property does bring is more a property of the buildings and improvements and only minorly of the land.
The amount of rent that it could bring if maximally used is relevant to an LVT, but not what it actually does. (This is the entire point of an LVT vs a property tax.)
The amount of rent that it could bring if maximally used is relevant to an LVT, but not what it actually does. (This is the entire point of an LVT vs a property tax.)