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Board sets fair-market value of one commercial property at $1.782 million after compromise
Summary
On May 12, 2025, the Oklahoma County Board of Equalization set the fair-market value of a commercial property at $1,782,000 after parties and staff discussed income and sales comparables and agreed on a midpoint.
The Oklahoma County Board of Equalization voted May 12, 2025 to set the fair-market value of a commercial property at $1,782,000 after the hearing officer and parties presented competing income and sales data and the board approved a compromise.
Why it matters: the board’s determination will set the taxable value for the property and affect the owner’s tax liability for the assessment year.
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