Gas Station

El Dorado Gas Station

El Dorado Gas Station

Yes, another gas station success! This older gas station/convenience store/car wash and oil change property is located in a rural section of...

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San Diego Gas Station Reductions

San Diego Gas Station Reductions

Going back to the update on January 25th regarding the three gas stations in San Diego County... One of the stations was located just off the beach and is not in terribly great condition. However, it's superior location...

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San Diego & San Bernardino Property Tax Reduction

San Diego & San Bernardino Property Tax Reduction

We have three gas stations in San Diego County scheduled for hearing next month. Today we were able to get the first reduced while the other two are still being worked on both sides. This particular convenience store is on a well trafficked road in San Diego and has been performing fairly well. It was assessed at $1,922,857 for 2009 and...

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Los Angeles County Gas Station Reduction

Today we had a hearing officer appointment in Los Angeles County on a Gas Station in Los Angeles. The station was purchased in 2007 for over $1,700,000. The store had very high sales in 2008 and we were appealing the 2009 value. Through our knowledge of the gas station business given our own experience in operations and fuel distribution, we were able to secure a reduction of $1,250,000. Yet...

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