Public transportation system construction usually improves the local accessibility. The contribution of increasing accessibility makes asset value jump high which also leads to the change of the intensity of land use in term of population growth and intensive activities. This study focuses on exploring the cause-effect relationships among the transportation accessibilty, division of neighborhood, location, and asset value along Tucheng Line of Taipei Mass Rapid Transit Systems. Employing LISREL, the formulated model reveals the details in depth of asset value on all aspects in the discussion.