Commercial Tax Appeals

Commercial property tax appeals require a thorough understanding of how commercial property is valued. The local taxing authorities often lack the information necessary to make an accurate appraisal of the property. For most commercial properties the value is closely related to the income that the property produces after all the expenses are paid. The Net Operating Income or NOI is an important number when determining a commercial property’s income value. While residential markets can be extremely volatile with large upward and downward value trends in very short periods of time, commercial property values can trend in relatively predictable patterns. Our KLM staff members have the experience and knowledge of the local markets that allow us to prepare effective property tax appeal arguments based on an approach that is relative to your commercial property.