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County appraiser and petitioner debate Chick‑fil‑A property's real‑estate value at magistrate hearing
Summary
Hernando County's appraiser used Chick‑fil‑A sales from outside the county to support a higher per‑square‑foot value for the Cortez Boulevard Chick‑fil‑A; the petitioner said the appraisal must reflect fee‑simple real estate without inflating the figure with tenant franchise economics. Magistrate will review both packets and issue recommendations.
Brooksville — The valuation of a Chick‑fil‑A property at 13143 Cortez Boulevard was a focal point of dispute during the Jan. 15 special magistrate hearing.
Daniel Scott, for the Hernando County Property Appraiser's Office, told the hearing that the appraiser used three Chick‑fil‑A sales (from Orange and Seminole counties) as the most directly comparable net‑lease transactions and adjusted them for age, site…
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