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Hernando County magistrate hears Circle K valuation appeals; one petition withdrawn
Summary
At a Nov. 14 special-magistrate hearing, Robert Hicks reviewed seven property-tax petitions filed by Circle K stores represented by Delta Property Tax Advisors. Parties disputed valuation method (sales vs. cost/income); one petition (25-407) was withdrawn and the magistrate will send recommendations to the Value Adjustment Board after review.
Special Magistrate Robert Hicks convened a series of Hernando County property-tax hearings on Nov. 14 to consider multiple assessment petitions filed by or for Circle K stores, and confirmed he would evaluate evidence on the record before recommending adjustments to the Value Adjustment Board.
Daniel Scott, a property-appraiser representative, presented appraisal packets for the parcels and reported sales-comparison reconciliations that yielded high indicated values in several cases. For example, for petition 25-408 (Circle K at Elgin and Barclay) Scott reported a 2025 just market value of $3,396,523 and assessed/taxable value of $2,246,577. For the larger, newer store in petition 25-414 (3380 Commercial Way, a 2022 build with a car wash) Scott said the sales-weighted indicated value was about $10.13 million and after…
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