Commercial Property Value Reductions
Commercial Properties are valued using the income, cost, and market sales methods. It is very important that you have a property tax representative that knows the market value of your property using these three methods. After reviewing your properties' annual income, expenses, and occupancy rate, we will determine the market occupancy rate and market capitalization rate to determine what the income approach to value of your property is. We will also use our cost and sales data to determine the market value of your property using the cost method and sales method to value.
It is also important that your property tax representative inspects your property for the correct physical depreciation and determines the functional and external obsolescence of your property.
Notice of Value Analysis
Tax Bill Management
Commercial Properties are valued using the income, cost, and market sales methods. It is very important that you have a property tax representative that knows the market value of your property using these three methods. After reviewing your properties' annual income, expenses, and occupancy rate, we will determine the market occupancy rate and market capitalization rate to determine what the income approach to value of your property is. We will also use our cost and sales data to determine the market value of your property using the cost method and sales method to value.
It is also important that your property tax representative inspects your property for the correct physical depreciation and determines the functional and external obsolescence of your property.
Notice of Value Analysis
- Insure notice of value is received timely.
- Analyze value to insure value is at or below market value.
- Analyze value to insure exemptions were received.
- Analyze value to insure maximum depreciation was received.
- Insure there are no multiple appraisals of the same property.
Tax Bill Management
- Insure tax bills are received timely.
- Insure tax bill amount is based on the correct value.
- Insure tax bill includes exemptions.
- Insure tax bill is not a double assessment.
- Reminder to insure tax bill is paid timely.