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Assessment Appeals Board tables Amazon Visalia tax appeal after competing valuations
Summary
The Tulare County Assessment Appeals Board on July 21 tabled an appeal by Amazon Services LLC over the assessed value of a new Visalia logistics facility after the company and assessor presented widely different valuations and the board requested additional data.
The Tulare County Assessment Appeals Board on Monday postponed a decision on Amazon Services LLC’s appeal of the assessed value for a Visalia distribution center, saying it needs more information before ruling.
Amazon’s representative, who identified themselves as Norikim, told the board the 1.1 million-square-foot facility at 8817 West Weibra Avenue should be valued at about $134,000,000. "We came up $134,000,000 is appropriate for this property," Norikim said while outlining cost, income and sales-comparison approaches to support that figure. Amazon’s appeal targets the assessor’s base-year valuation near…
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