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Board approves reduced assessment for three RCG Pocatello parcels after retailer departure factored in
5108677 · June 30, 2025
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Summary
The assessor recommended, and the board approved, a lowered aggregate assessed value of $11,569,756 for three RCG Pocatello parcels in Pocatello Square, reflecting adjustments tied to potential vacancy following Jo-Ann Fabrics' bankruptcy and departure.
Bannock County’s Board of Equalization approved an adjusted assessed value totaling $11,569,756 for three commercial parcels in Pocatello Square owned by RCG Pocatello, with the recommended reductions applied to the improvements on the parcels.
Assessor staff told the board the appellant raised concerns after Jo-Ann…
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