May, 2011

Riverside County Car Wash

Riverside County Car Wash

Today we were able to work out a reduction on a self-serve car wash in Riverside County, near the University of California Riverside campus. For the 2010 tax year the property taxes were being levied based on a $897,000 assessed value of the property. Given our understanding of and experience operating car washes, we were able to prove a reduction to just over $710,000. This will result in a...

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CAPTA at ICSC RECon 2011

CAPTA at ICSC RECon 2011

CAPTA is an exhibitor at the ICSC Real Estate Convention in Las Vegas on May 22nd to May 25th. Visit us at Booth #S385 on S Street in the upper South Hall. We will also be holding a network event at the Aria Resort & Casino.RSVP Now!!!

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Imperial County Agricultural Reduction

Imperial County Agricultural Reduction

We were able to work out a reduction on Vacant Agricultural Land in Imperial County today. The 373 acres, 3 parcels, were assessed for $1,853,424 for the 2009 year. We were able to reduce the property tax liability on this property by almost $7,700, resulting in refunds to our client of that amount!

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San Bernardino County Vacant Commercial

San Bernardino County Vacant Commercial

We had two pieces of vacant commercial land in San Bernardino County that were coming up for appeal. The first was a piece just off the I-10 freeway in San Bernardino. The property enjoys great freeway frontage and accessibility. However, we are all aware that this benefit is only a benefit if someone will buy it or build on it and neither is happening these days, let alone in 2009, the valuation date of this appeal. This 10 Acre parcel was...

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