Orange County NC Website
<br /> <br /> <br />Property Owner Walmart Real Estate <br />Business Trust <br />Appellant (if different) Paola Castillo, <br />CMI Senior Manager <br />Property Address 501 Hampton Pointe <br />Boulevard <br />Parcel ID or Abstract 9873497343 <br /> <br />Statement of Appeal: Request a reduction in value based on cost, income and sales data. <br /> <br />Current Assessed Value $19,238,400 County Opinion $19,238,400 <br />Time of Hearing 1:00 PM Appellant Opinion $11,872,000 <br />County Representative Roger Gunn Board Decision $19,238,400 <br /> <br />Evidence submitted by the appellant: <br />• The appellant is requesting a lower valuation based on cost, income, and sales data <br />suggesting a lower valuation. <br /> <br /> <br />Evidence submitted by the county representative: <br />• Per the County's commercial property appraisal consultant review, sales of both power <br />centers built between 2000 and 2008, and Walmart community centers of similar size <br />and age support the current assessed value. The County’s recommendation is no <br />change in value. <br />• Photographs of Subject <br />• GIS Map of Subject <br />• Current Property Record Card of Subject <br />• Commercial Property Appraiser Consultant Review (2 pages) <br />• Comparable Sales <br /> <br /> <br />Motion of the Board Accept County's Proposed Value: $19,238,400 No Change in Value <br />Made the motion Shannon Julian <br />Seconded the motion Richal Vanhook <br />Voted For ... ... <br />Voted Against Saru Salvi ... <br /> <br /> <br />Property Identification: <br /> <br />Property Owner Wendy's Properties LLC Appellant (if different) <br />Property Address 100 S. Greensboro Street Parcel ID or Abstract 9778863037 <br /> <br />Statement of Appeal: Request a reduction in value based on the value of comparable land in the <br />immediate area. <br /> <br />Current Assessed Value $2,012,100 County Opinion $2,012,100 <br />Time of Hearing 1:32 PM Appellant Opinion $1,756,254 <br />County Representative Roger Gunn Board Decision $2,012,100 <br /> <br />Evidence submitted by the appellant: <br />Docusign Envelope ID: 97DC2745-D062-4EE9-936D-BE27DFCBF303