2026_01_21 BOER Minutes - Laserfiche WebLink

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Docusign Envelope ID:ADED06F5-BFB5-43BF-87F1-32AB8A5DEDDF Property Owner MIZE Propco LP Appellant(if different) Morgan Fowler/Ryan LLC Property Address 5511 West Ten Road Parcel ID or Abstract 9834851936 Statement of Appeal: Request reduction in value based on a market proforma and equity comparables. Current Assessed Value $113,958,600 ounty Opinion $113,958,600 Time of Hearin 10:42 AM Appellant Opinion $107,000,000 County Representative Roger Gunn Board Decision $113,958,600 Evidence submitted by the appellant: • The appellant is requesting a reduction in value based on a market proforma and equity comparables. Evidence submitted by the county representative: • The subject is a 1,199,250 square feet warehouse built in 2020 and has a current assessed value of$113,958,600 or$95.02 per square foot. Based on the attached Commercial Appraiser Consultant's Analysis,the current value is well supported by comparable sales and the Income Approach. For this reason,no change in value can be supported. • GIS Map of Subject • Current Property Record Card(2 pages) • Comparable Sales and Income Approach • Commercial Appraiser Consultant's Analysis • 6086 West Ten Road(Thermo Fisher) Sale Motion of the Board Accept Count 's Proposed Value: 1 $113,958,600 No change in value Made the motion Richal Vanhook Seconded the motion Shannon Julian Voted For All BOER Members Voted Against ... Property Identification: Property Owner Glen Lennox 9B LLC Appellant(if different) Morgan Fowler/Ryan LLC Property Address 5 Maxwell Road Parcel ID or Abstract 9798255947 Statement of Appeal: Request reduction in value based on an income approach and market proforma on an existing apartment complex and based on equity with comparable apartment properties. Current Assessed Value $4,035,400 ounty Opinion $4,035,400 Time of Hearin 10:57 AM Appellant Opinion $2,034,300 County Representative Roger Gunn Board Decision $4,035,400 9