02. Abatement hearing for Y&O Fargo Plaza, LLC
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02. Abatement hearing for Y&O Fargo Plaza, LLC
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2/1/2023 <br />GENERAL INFORMATION <br />SITE NAME: <br />PROPERTY PARCEL(S): <br />YEARS UNDER ABATEMENT: <br />ADDRESS: <br />JURISDICTION: <br />LAND: BUILDING: <br />SQUARE FEET: <br />RENTABLE SF: YR. BUILT: <br />PROPERTY USE: <br />COUNTY'S VALUATION <br />CONCLUSION OF VALUE <br />Requested Value <br />SUPPORTING DOCUMENTS <br />Fargo Plaza <br />01-0277-00010-000 <br />2021 and 2022 <br />442713 Ave S <br />Cass County <br />365,904.00 <br />95,096 <br />90,525 <br />1991 <br />Retail <br />We have included the following documents in support of our appeal: <br />Settlement Statement from sale <br />Market Income & Expense Analysis <br />1/2021 and 1/2022 Rent Rolls <br />2019-2021 Profit and Loss and Analysis <br />Sales Comparison Analysis <br />Redacted Appraisal <br />Ryan�) lJloo¥ative Solur/onsto Taxing Problems· <br />2021/Pay 2022 2022/Pay 2023 <br />LAND: $3,294,000 LAND: $3,294,000 <br />IMPROVEMENT: $4,433,000 IMPROVEMENT: $4,433,000 TOTAL: $7,727,000 TOTAL: $7,727,000 <br />PER SF: $81.25 PER SF: $81.25 <br />Indicated Value Per SF Indicated Value Per SF <br />$7,210,000 $75.82 $7,210,000 $75.82 <br />Page 28
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