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Bannock County lowers assessed value of Pocatello commercial property to $930,000 after owner cites major roof and interior damage
Summary
After hearing evidence of extensive roof and interior damage, the Bannock County Board of Equalization reduced the assessed value of a Pocatello commercial parcel to $930,000, with the reduction applied to the building (improvement) value.
At a Bannock County Board of Equalization hearing on Monday in June, commissioners approved lowering the assessed value of a Pocatello commercial parcel (ParcelRPRPP0OC175400) to $930,000 after the property owner documented roof failures and other deferred maintenance.
The decision affects the improvement portion of the assessment; the board applied the reduction to the building value rather than the land. Property owner David Gorham told commissioners he purchased the building in February 2022 and submitted a 2024 roof-replacement quote for $70,228 and a separate estimate for three rooftop air units of about $59,000. Gorham said a single-membrane roof…
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