QuikTrip appeals valuations on land and convenience stores; board sides with assessor on multiple properties

The Union County Board of Equalization and Review heard multiple appeals from QuikTrip and its representatives over the assessed values of a vacant land parcel and several convenience-store properties and voted to sustain the county assessor’s valuations.

QuikTrip argued one undeveloped parcel purchased in 2023 should be valued at its sale price of $175,000 because the parcel is effectively constrained by access and assemblage issues, while the county placed a higher per-acre value based on nearby sales and recent development.

Ryan Condiff of Invoke Tax Partners, representing QuikTrip, told the board that QuikTrip bought the subject parcel in 2023 and asked the board to set the taxable value at the 2023 sale price. “They bought it in 2023. They bought it for our requested value of $175,000,” Condiff…