Brief Session Description
Which modern day issue has left taxing jurisdictions more confused than ever? Assessors need facts, not hypothetical situations, to value real world conditions. This presentation focuses on how attributes relate to the market segmentation investment classes. Demographic variables may support, or more often challenge, the comparables selected in the dark store method. The theory behind the IAAO’s “Commercial Big-Box Retail: A Guide to Market-Based Valuation” will be examined, and will provide guidelines to use in comparing these demographics.
Presentation Category
Real Property Valuation Agricultural, Commercial/Industrial and Residential
Audience Expertise
General Interest (Appropriate for all experience levels.)
Location
207-208
Start Date
9-11-2019 9:15 AM
End Date
9-11-2019 10:15 AM
Moderator Name
Amy DeHaan
Apendium Knowledge Area
Appraising Property
Dark Stores, Dark Theories, and Dark Magic
207-208
Which modern day issue has left taxing jurisdictions more confused than ever? Assessors need facts, not hypothetical situations, to value real world conditions. This presentation focuses on how attributes relate to the market segmentation investment classes. Demographic variables may support, or more often challenge, the comparables selected in the dark store method. The theory behind the IAAO’s “Commercial Big-Box Retail: A Guide to Market-Based Valuation” will be examined, and will provide guidelines to use in comparing these demographics.
