Waxhaw property tax value adjusted for Lowe's store following late paperwork submission

The Board of Equalization and Review meeting held on July 9, 2025, in Union County, North Carolina, focused on property value assessments and adjustments. A significant discussion involved a taxpayer agreement regarding property valuation, where the board reduced the assessed value from $5.62 million to $5.43 million based on late-submitted condition-related paperwork. The board confirmed that they would conduct a follow-up inspection to verify the completion status of the property.

The meeting also addressed several properties, including a Lowe's store in Waxhaw, which was discussed despite the absence of the taxpayer representatives. The Lowe's property, classified as a discount warehouse, spans 141,648 square feet and was built in 2008. The board reviewed the details of this property and others in the area, ensuring that all relevant information was presented for consideration.

Overall, the meeting highlighted the board's commitment to fair property assessments and the importance of timely communication from taxpayers regarding property conditions. The next steps include further evaluations and potential adjustments based on the findings from the upcoming inspections.