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Washoe BOE trims 2025 land value for one Meadowood parcel but upholds broader appraisals after appeal
Summary
At a Feb. 18 Washoe County Board of Equalization hearing, the board reduced the 2025 land value for parcel 04016252 to $15 per square foot but later upheld the assessor's appraisals for multiple Crossings at Meadowood parcels after considering comparables and assessor analyses.
The Washoe County Board of Equalization on Feb. 18 reviewed commercial valuation appeals for the Crossings at Meadowood shopping center and took two split actions: it lowered the land value for one 2025 parcel and later upheld the assessor's appraisal for several related 2026 parcels.
Diana Arias, an appraiser with the Washoe County Assessor's Office, told the board the subject property includes a 31,301-square-foot discount store (built 1989) and a 3,928-square-foot fast-food building added in 2023. "The subject property is a 31,301 square foot discount store built in 1989 and a 3,928 square foot fast food restaurant built in 2023," Arias said in her presentation of the assessor's sales- and income-approach analyses.
Appellant representative Mike Churchfield argued the parcels were out of equalization. Churchfield pointed to constrained ingress and egress, limited dock access and lower interior build-outs at the SkiPro/Trek building and other line-space units,…
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