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In this video tutorial, the presenter introduces a groundless valuation model designed for evaluating existing or new ground leases. The model can operate independently or be integrated into a property-level model. It serves multiple purposes, such as assessing returns on ground lease investments, helping leasehold owners understand the land's value, and assisting lenders in evaluating the value of land in relation to financing options. The model is organized into seven sections on a single tab, making it user-friendly for integration into other models. The video provides a brief walkthrough of these sections and their various inputs.