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Carson City board accepts stipulated lower appraisal for Home Depot property

2333244 · February 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Carson City Board of Equalization approved a stipulated reduction in the 2025 appraised value for the Home Depot at 3185 Market Street, lowering the appraised value to $10,897,484; the assessor’s office said the change will not alter property taxes because of the property tax cap. Item for Lowe’s was withdrawn.

Carson City’s Board of Equalization voted Feb. 18 to accept a stipulated reduction in the appraised value for the Home Depot property at 3185 Market Street, setting the fiscal 2025 appraised value at $10,897,484.

The reduction was presented by Kimberly Adams, Carson City assessor, who told the board the subject is a 107,063-square-foot Home Depot building on a 10.96-acre retail parcel that sold Dec. 8, 2020, for $10,200,000. Adams…

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