PVS’s thorough market analysis of comparable lease rates and property valuations enabled us to demonstrate inequitable assessment practices, resulting in a 20.52% reduction and saving our client $26,661 in their first
year of representation.
Saving $26.7K for a Texas Retail Shopping Center Through Income Analysis Read More »
“PVS reduced the assessment of an 83,000-square-foot distribution warehouse by $3.6 million, securing $89K in property tax savings through proactive collaboration and expert valuation methods.”
Saving $89K for a Distribution Warehouse in Wisconsin Read More »
PVS reduced the assessment by $25M, from $86.4M down to $60.4M, resulting in $204,918 in tax savings for our client.
Corporate Office Campus Saves $204,000 Read More »
Through our appeal, PVS reduced the assessment by 50%, saving the taxpayer $89,665 in tax dollar.
Vacant Box Store Assessment Reduced 50% Read More »
A national hospital operator recently constructed a brand new building in place of an older facility. Upon opening, the old facility was vacated except for a minor amount of space for office use. The old hospital was functionally obsolete, having arrived at the end of its economic life as an acute health care facility. Local assessors maintained the same value on the former hospital even after it was vacated and no longer operational. As a result, PVS worked to revalue the former hospital facility by quantifying functional obsolescence.
In 2018, an assisted living facility was constructed in Michigan, opening shortly before the global pandemic. The facility faced issues filling the facility and paying expenses due to the worldwide pandemic. The property tax experts at PVS helped quantify this external obsolescence to calculate the true market value of the facility, given the circumstances of the pandemic.