Nick and the trial team at Furia Property Tax represented the owners of a 32-foot clear distribution center in Rogers, Minnesota. After a two-day trial, the Minnesota Tax Court reduced the January 2, 2022 assessed value of the property from $34,495,000 to $26,738,000, resulting in payable 2023 tax savings of over $265,000. The decision stresses the importance of market delineation and segmentation as fundamental steps at the outset of the appraisal process that are critical to the selection of comparable sales and rents.
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