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Equalization Department <br />Box 2806 Telephone: 701-241-5616 <br />211 Ninth Street South Fax: 701-241-5729 <br />Fargo, ND 58103 assessor@casscountynd.gov <br />PetSmart <br />Parcel: 02-0082-00020-000Address: 1630 13th Ave EValue: $2,950,300 <br />Synopsis: <br />Pivotal Tax Solutions, represented by Beverly Carter, is appealing the value of PetSmart. She is requesting a valuation of $2,074,303 for the 2021 Taxable Year. <br />Review: <br />Mrs. Carter submitted 4 properties which she felt were comparable to the subject. Sale #4 should be discarded as the sale represents a vacant lot sale from 2018, not a finished strip mall. A cost approach to value was also completed by the appellant but her conclusion of improvement value is within 2% of the <br />improvement value West Fargo has on the property, leaving the value of the land as the only remaining difference. Mrs. Carter is asking for a value of $4.51 per square foot on the land, and after reviewing the land sales submitted by both parties, it is clear that the current land value is supported, although slightly on the low-end. <br />Conclusion: <br />The West Fargo assessing office was able to provide supporting comparable sales information to defend the current valuation of PetSmart and demonstrate that the property is being assessed fairly and equitably amongst similar properties. <br />Recommended Motion: <br />Retain the current value for PetSmart. <br />Page 9