Orange County Industrial Property Tax Reduction
This property is a large industrial building on a few acres of land. At first glance, the property appeared to be well below value. In 2009, the assessment was at $10,400,000 and we were able to prove a reduction to $8,800,000. In 2010, it was solidly performing and any other property tax agent would have done a search for some comparable sales and realizing it was already reduced 20% would probably have given up. CAPTA is not here to look for the easy win - we're here to secure the lowest value possible (just ask Riverside County). Again, we prepared a work-up on the property and the County again agreed to lower it to $6,750,000. Another $22,000 saved for this client on top of the nearly $20,000 they saved by the 2009 value! CAPTA is the property tax agent you want on your side!