Fortune 100 company gets $100,000+ refund

The Assessor’s office did not want to consider any reduction to a large, old office building due to a zoning change in the neighborhood that they perceived as increasing the value of this building. CRE Tax Appeal prepared a valuation analyzing the market data which revealed that neither sales prices nor rents were being influenced by this zoning change. The Assessment Appeals Board agreed with CRE Tax Appeal’s valuation and a six-figure refund was the result.