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Home My WebLink About20211991.tiff COUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number: R3635305 STIPULATION (As To Tax Year 2021 Actual Value) RE PETITION OF : NAME: AUTOMOTIVE SERVICES INC ADDRESS: 1726 COLE BLVD STE 300 LAKEWOOD,CO 80401-3214 Petitioner(s) and the Weld County Assessor hereby enter into this Stipulation regarding the tax year 2021 valuation of the subject property, and jointly move the Board of Equalization to enter its order based on this Stipulation. Petitioner (s) and Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: 8337 RASPBERRY WAY, FREDERICK; FRE RHBP L1 RASPBERRY HILL BUSINESS PARK 2. The subject property is classified as commercial. 3. The County Assessor originally assigned the following actual value to the subject property for the tax year 2021 : Total: $10,500,000 4. After further review and negotiation, Petitioner (s) and Weld County Assessor agree to the following tax year 2021 actual value for the subject property: Total: $9,990,695 5. The valuation, as established above, shall be binding only with respect to tax year 2021 . 6. Brief narrative as to why the reduction was made: After further review, an adjustment was indicated. 7. Both parties agree that: 12]The hearing scheduled before the Board of Equalization on 08/04/2021 at 1:00 pm be vacated. QA hearing has not yet been scheduled before the Board of Equalization. R3635305 1 Asot09 DATED this 29th day of July , 2021 . Chns(ian SP.gner l'L5,2G2'1:22 MDr) Petitioner(s) or Agent or Attorney (Assistant) County Attorney for Respondent, Weld County Board of Commissioners Address: Address: 1999 Broadway 1150 "0" Street P.O. Box 758 Denver, CO 80202 Greeley, CO 80632 Telephone: 303-222-1856 Telephone:(970) 336-7235 County Deputy Assessor Address: 1400 N.17th Avenue Greeley, CO 80631 Telephone: (970) 400-3650 R3635305 2 R3635305/AUTOMOTIVE SERVICES INC Final Audit Report 2021-07-29 Created: 2021-07-29 By: MILLIE CHANNELL(mchannell@co.weld.co.us) Status: Signed Transaction ID: CBJCHBCAABAA_DPvToEetcsMOSf7M8CGMpWily5Ve-8S "R3635305/AUTOMOTIVE SERVICES INC" History 'n Document created by MILLIE CHANNELL (mchannell@co.weld.co.us) 2021-07-29-9:09:21 PM GMT-IP address:204.133.39.9 El. Document emailed to MILLIE CHANNELL (mchannell@co.weld.co.us) for approval 2021-07-29-9:09:23 PM GMT bo Document approved by MILLIE CHANNELL (mchannell@co.weld.co.us) Approval Date:2021-07-29-9:11:51 PM GMT-Time Source:server-IP address:204.133.39.9 D. Document emailed to Jason Marini (jmarini@co.weld.co.us)for approval 2021-07-29-9:11:52 PM GMT f Email viewed by Jason Marini (jmarini@co.weld.co.us) 2021-07-29-9:17:46 PM GMT-IP address:204.133.39.9 L I Document approved by Jason Marini (jmarini@co.weld.co.us) Approval Date:2021-07-29-9:19:13 PM GMT-Time Source:server-IP address:204.133.39.9 14 Document emailed to Jason Marini (appeals@weldgov.com)for signature 2021-07-29-9:19:14 PM GMT ` Email viewed by Jason Marini (appeals@weldgov.com) 2021-07-29-9:19:29 PM GMT-IP address:204.133.39.9 ere Document e-signed by Jason Marini (appeals@weldgov.com) Signature Date:2021-07-29-9:19:55 PM GMT-Time Source:server-IP address:204.133.39.9 E Document emailed to Christian Segner(christian.segner@ryan.com) for signature 2021-07-29-9:19:57 PM GMT Email viewed by Christian Segner(christian.segner@ryan.com) 2021-07-29-9:20:15 PM GMT-IP address: 165.225.10.250 KoNERED 'yr r Adobe Sign &, Document e-signed by Christian Segner(christian.segner@ryan.com) Signature Date:2021-07-29-9:22:14 PM GMT-Time Source:server-IP address: 165.225.10.250 Document emailed to Karin McDougal (weld-cboe@weldgov.com)for signature 2021-07-29-9:22:15 PM GMT Email viewed by Karin McDougal (weld-cboe@weldgov.com) 2021-07-29-10:02:01 PM GMT-IP address:204.133.39.9 • Document e-signed by Karin McDougal (weld-cboe@weldgov.com) Signature Date:2021-07-29-10:02:14 PM GMT-Time Source:server-IP address:204.133.39.9 • Agreement completed. 2021-07-29-10:02:14 PM GMT .p`" i Adobe Sign Thank you for submitting an appeal to the Weld County Board of Equalization. We will review the information submitted and you will receive a date to appear before the board. Contact Information: Contact Name: Christian Segner Contact Email: christian.segner@ryan.com Contact Phone: 303-222-4856 Appeal Submitted: 11:25 AM July 13, 2021 Appeal submitted for: R3635305 - AUTOMOTIVE SERVICES INC 8337 RASPBERRY WAY, FREDERICK Legal: FRE RHBP L1 RASPBERRY HILL BUSINESS PARK Reason: Value Too High - The subject property is valued in excess of fair market value based on the three approaches to value; cost, market and income. In addition, the property is valued in excess of other similarly situated properties. Estimate of Value: $8,558,859.00 Document(s) Submitted: Account: All Accounts - Stevinson Auto CO PT 2021 Stevinson Lexus of Frederick Appeal Package Weld 2021-05-301.pdf You have selected the following Date Preferences: The Appeal process can take several weeks for us to complete. You will receive a written decision on your appeal within five (5) working days of your hearing. We thank you for your submittal. Weld County Board of Equalization Marx 2021-1991 ASO toq - ima tt� �j � I � CONTACT IfVFO 411 � 1.1 O WELD COUNTY, CO Real / Business Personal Property Appeal Appeal has been submitted Successfully ! You will receive an email confirmation of your submission . Please remember to check your junk mail . You may submit another appeal or return to the Assessor ' s Homepage . Between May 1 and June 2 , per C . R . S . § 39 - 5 - 122 ( 1 ) , you may appeal your real property value . Between June 15 and June 30 , per C . R . S . § 39 - 5 - 122 ( 1 ) , § 39 - 5 - 122 ( 4 ) 1 § 39 - 6 - 111 . 51 § 39 - 7 - 102 . 5 , you may appeal your business personal property and / or oil and gas value . To appeal the value of your property online , please have the following information available prior to beginning your appeal : ■ Owner Name ■ Contact Phone Number ■ Email Address ■ Account / Schedule Number ( found an Notice of Valuation ) ■ Reason for Appeal ■ Supporting Documentation in an electronic format to be attached ■ Agent Authorization in an electronic format to be attached ( This is required if you are acting as an agent and you are appealing an account that is not under your name as ownership ) Once you have the required documentation , you can begin the appeal process by entering your email address below . Upon submission of your appeal , you will receive an email confirmation that your appeal has been received . ' field County Assessors Office ( 970 ) 400 - 3650 Email Address : Begin Appeal Contact Information Useful Links Weld County offices : Weld County Colorado • Elected Officials 1 150 0 ST . Greeley , Co 80631 • Discover Weld County • Pay My Taxes Mailing Address : Weld County Colorado • Weld County Budget PO Box 758 , Greeley , CO 80632 • Sign Up for Emergency alerts Phone : ( 970 ) 400 - 4000 • Property I nformation lOr el • Contact Weld County � ` � - - - - � - - - -- {- -- - r ' v • Weld C o u n ty Code A+ t7, � 4- _ _ , _ - - - • =J . - - _ _ i _ l__ Jr . , Y ' " i _` ' `G ^y - �' - _ f - 1 - - - + � - . � . / ' _ : J'' _ - f� ram . " f , ' ,, 'f � ! 1 / ,� / / i '� r f ! h 4 k qy 1 1 \ ,' - - - _ r - r• - _ - _ J . - ' - . _ - . � - " FX _ . r rr. . r i _ r . F � _ - f / I f ` - r - - - j El + r j ) /7] JJ )8 f � ' I � 4t1 • I y Privacy Policy & Disclaimer I Accessibiliay Information Social Media Commenting Policy ' . . . _ - . `T • 4s :¢ - a11 " A VALUE ANALYSIS OF Automotive Services Inc Stevenson Automotive Stevenson Lexus of Frederick 8387 Rasberry Way Frederick , CO 80504 Feld County SCHEDULE NUMBER ( S ) : R3635305 ASSESSOR ' S ACTUAL 2021 VALUE 10 , 500 , 000 TAXPAYER ' S OPINION OF ACTUAL VALUE 8 , 558 , 859 Prepared by ant . rip Ryan Property Tax Services Christian Segner chrristian . segnerryan . corn 303 . 222 . 1856 As of : June 30 , 2020 5 / 29 /2021 Co reLog is 1 Commercial Estimator - Report CoreLogic - SwItEstirnator Commercial Estimator - Summary Report General Information Estimate ID : Stevinson Lexus of Frederick Date Created : 05 - 10 - 2021 Property Owner : Stevinson Automotive Croup Date Updated : 05 - 16 - 2021 Property Address : 8337 Rasberry Way Date Calculated : 05 - 29 - 2021 Frederick , CO 80504 Local Multiplier : 0 . 97 Cost Data As Of : using report date Architects Fee : Report Date : 01 - 2021 Section 1 Area 71453 Overal l Depreciation Stories in Section 1 Physical Depreciation % Stories in Building Functional Depreciation % Shape irregular External Depreciation % Perimeter ( auto - talc ) Effective Age 16 Occupancy Deta ' s Occupancy % Class Height Quality 455 Auto Dealership , Complete 100 A 16 1 . 5 Occupancy Total Percentage 100 System : Land and Site % / Units Quality Depr % Other 61 Land and Site : Land 1083350 2 . 0 7003 Land and Site : Paving , Concrete , Reinforced 100000 Occ . Calculation Information ( AII Sections ) Units Unit Cost Total Cost New Less Depreciation Total Cost Depreciated Basic Structure Base Cost 71 , 453 $ 94 . 11 $ 6 , 724 , 442 $ 1 , 479 , 377 $ 5 , 245 , 065 Exterior walls 71 , 453 $ 15 . 88 $ 1 , 134 , 674 $ 249 , 628 $ 885 , 046 Heating & Cooling 71 , 453 $ 14 . 11 $ 1 , 008 , 202 $ 221 , 804 $ 786 , 398 Basic Structure Cost 71 , 453 $ 124 , 10 $ 8 , 867 , 318 $ 1 , 950 , 809 $ 6 , 916 , 509 Less Depreciation Physical & Functional 22 . 0 % $ 1 , 950 , 809 $ 6 , 916 , 509 Depreciated Cost 71 , 453 $ 96 , 80 $ 1 , 950 , 809 $ 6 , 916 , 509 Miscellaneous Land $ 1 , 083 , 350 $ 1 , 083 , 350 Paving , Concrete , Reinforced 100 , 000 $ 5 . 5 9 $ 55 9 , 000 $ 5 5 9 , 000 Total Cost 71l453 $ 147 . 09 $ 101509 , 668 $ 1 , 950 , 809 $ 8 , 558 , 859 Cost data by Co reLogi c , Inc . * * * Except for items and costs listed under * Addition Details , * this SwiftEstimator report has been produced utilizing current cost data and is in compliance with the Marshall & Swift Licensed User Certificate . This report authenticates the user as a current Marshall & Swift user. * * * CoreLogNic 2 https : //www . swiftestimator . cam / Main / CE / reports / PFV . asp 1 / 1 Sale Comps Ana ylas CAP RATE SALE PRICE/ SF AVERAGE SALE PRICE SALES VOLUME SALE VS ASKING PRICE AVERAGE SF MONTHS TO SALE - $ 3 $ 867K $ 10 4M - 11 . 8 % 284K 58 . 4 Key Metrics Sales Volume Search Lowest Highest Sales Price Search Lowest Highest Transactions 13 - - Cap Rate - - - Sales Volume $ 10 . 4M $ 248K $ 2 . 9M Sale Price /SF $ 3 $ 1 $ 10 Properties Sold 8 - - Average Sale Price $ 867K $ 248K $ 2 . 9M Sold SF 3 . 7M 218K 501K Sale vs Asking Price - 11 . 8 % - 14 . 5 % - 7 . 4 % Average SF 284K 218K 501K % Leased at Sale - - - For Sale Search Lowest Highest Listings 2 - - For Sale SF - - - List Price / SF - - - Cap Rate - - - Average SF - - - f# 37414521 SH 7/ 2021 ad*0 2021 GoSiar Really information Inc . 1-� CQStaP " 3 Page 1 Sa e Comps Ana ' ylcs Key Performance 1ndscators ler 1 Year Ago Current ,0f Typical Range Extreme Range Time Range 10Years 10 Years Average ( 2011 - 2021 ) fesqpir Vacancy N o Data Available 12 Month Net Absorption SF N o Data Available 12 Mo Net Delivered SF N o Data Available Annual Rent Growth N o Data Available Market Rent Per SF N o Data Available Market Sale Price Per SF N o Data Available Market Cap Rate N o Data Available 12 Month Sales Volume 92 $ $ 4 • 2M $ 2 . 2M $3 . 5DA $ 4 . 9M $ 0 $ 0 . 21V1 ## 37414521 5/ 17/ 2021 ® 2021 CoStar Realty Information Inc . tag Costar Page 2 4 Sa e Comps Ana ' ylcs Sales Volume & Sale Price Per SF Sales Volume $ 1 . 8 $ 4 . 5M $ 4 . 5M $ 1 . 5 $ 4M $ 4M $ 1 . 4 $ 3 . 5M $ 3 . 5M u_ L_ $ 1 . 2 $ 3M $ 3M cv $ 1 . 0 $ 2 . 5M $ 2 . 5M $ 0 . 8 $ 2M 13 $ 2M al u) $ 0 . 5 $ 1 . 5M $ 1 . 5M $ 0 . 4 $ 1M $ 1M $ 0 . 2 = $ 500K $ 500K $ 0 I j $ 0 $ 0 I I I I I I I I I 0 1 I A 02 18 04 18 02 19 04 19 02 20 04 20 { 2 21 11 12 13 14 15 15 17 18 19 20 7 Sales Volume Cumulative Sales Volume By Year Sales Volume By Star Eating $ 0M $ 5M No Data Ava . $ 4M _ / --' -- - - , $ 3M \ 7/ C.) j „ --. ? \ C p [7 --- `:-- / , \ _.______T--> -%- , $ 1M $ o Data for this series is considered to be insufficient Jan Feb Mar Appr Ma Jun Jul A ► ug Sep Oct Nov Dec 2020 019 2018 ## 37414521 5/ 17/ 2021 alp O 2021 Costar Realty Information Inc . tag CoStarn • Page 3 5 Sa e Comps Ana ' ylcs Sales Volume By Transaction Type Sale Price $ 4 . 5M $ 1 . 4M $ 4M $ 1 . 2M 'f • $ 3 . 5M a $ 3M $ 1 M • • • $ 2 . 5M $ 800K $ 2M ti $ 1 . 5M $ 000K $ 1M $ 400K $ 500K $ 0 ll + $ 200K I , I I I I I I I I I I I I I I , I I I I I I I I _ " Q4 18 0219 19 04 19 02 20 04 20 02 21 11 12 13 14 15 16 17 18 19 20 Individual Sale Sale Price Distribution Sale Price Per SF 40 % No Data Available 1 . 20 % ti f 7 1 0 % - . � 0 % 1 r " Data for this series is considered to be insufficient $ 170K $ 170K $ 240K $ 340K $ 480K $ 590K $ 970K $ 1 . 3M > $ 1 . 9M 50111K dl1K NW ctACIf1K U171-11‹ cZ1 11V1 1 QM ## 37414521 5/ 17/ 2021 @ 2021 Costar Realty Information Inc . W oStarn • Page 4 6 Sa e Comps Ana ' ylcs For Sale Price Per SF Distribution Sale Prig Per SF By Transaction Type No Data Ava . ab e N Data Ava . l ab e __ _____• \ , W7C7,t. / \ \ / -7 ,4 - ----:.__ ___ \ . , .::: / \ i \ .„--, - --,11 Flo data available for the currant selection Data for this series is considered to be insufficient Sale Price Per SF By Location Tape Sale Price Per Land SF No Data Ava . ab e $ 6 r, t fi 4 1 i 4 _ _ 4 C7 '. , t I \ ----,, ,, ,,,..., j/ 1\t! ib9 Data for this series is considered to be insufficient s1 p Q4 18 02 19 04 19 Q2 20 { 4 20 02 21 37414521 5/ 17/ 2021 ait @ 2021 CoStar Realty Information Inc . tag Goan " page 5 Sa e Comps Ana ' ylcs Sale Price Per Acre Market Sale Price Per SF B Location Type $ 280K $ 280K � -� � *� Data Ava . l $ ab I $ 220K $ 200K f' ~ l F _ i $ 180K `* f � *; ' t` ,'` jr, f; $ 180K , ' _ _ Irr - - .�rt I S'i• 1 rrr ~ -$ 140K j Lill 1Jrr ' rf ' f $ 120K ,, $ 100K } f s $ 80K $ 80K I i L , Data for this series is considered to be insufficient 0418 0219 04 19 02 20 04 20 02 21 Market Price Market Price & Transaction Price $ 1 . 4M No Data Ara ab e $ 1 . 2M i r $ 1M • r I II I i C _ / $ 800K c / -- 1*/ \ ‘ / / -:::::::: \ ---.... ,,.. ____,,, / t ��` $ 400K Data for this series is considered to be insufficient $ 200K f 11 12 13 14 15 10 17 18 19 20 In Transaction Price ## 37414521 5/ 17/ 2021 a 2021 Costar Realty Information Inc . W + o . ern • Page 6 8 Sa e Comps Ana ' ylcs Market Sale Price Per SF Market Sale Prig & Transaction sale Price Per SF No Data Ava . . ab No Data Ava .l e W7C7,t. !f \, _ � - Data for this series is considered to be insufficient Data for this series is considered to be insufficient Market Sale Price Per SF By Star Rating Sale To Asking Price Differential - 11 . 3 % - 11 . 4 % No Data Ava . ab - 11 . 5 '% / \ - 11 . 7 % / -5:1 '' -- - 11 . 8 % , - 12 . 0 % - 12 . 1 % Data for this series is considered to be insufficient - 12 . 2 % 01 20 02 20 03 20 04 20 01 21 02 21 ## 37414521 5/ 17/ 2021 Allit @ 2021 CoSta r Realty Information Inc . %kW t~'tan ' Page 7 9 Sa e Comps Ana ' ylcs Cap Rate Cap Rate By Star Rating No Data Ava . ab e No Data Ava . l ab e me Data for this series is considered to be insufficient Data for this series is considered to be insufficient Cap Rate Distribution Cap Rate By Location Type No Data Ava . i table No Data Ava . i lab e • iir7/ >_ _ . \\I? \ / No data available for the current selection Data for this series is considered to be insufficient ## 37414521 5/ 17/ 2021 40 it s 2021 Costar Realty Information Inc . CoStar 10 Page S Sa e Comps Ana ' ylcs Cap Rate By Transaction Type Market Cap Rate No Data Ava . ab e No Data Available me Data for this series is considered to be insufficient Data for this series is considered to be insufficient Market Cap Rate By Location Type Market Cap Rate & Transaction Cap Rate No Data Ava . i table No Data Ava . i lab e 1 . CP// 7 \ cp . j/ Data for this series is considered to be insufficient Data for this series is considered to de insufficient ## 37414521 5/ 17/ 2021 Allit O 2021 Costar Realty Information Inc . %key oStar 11 Page 9 Sa e Comps Ana ' ylcs Market Cap Rate By Star Rating Occupancy At Sale No Data Ava . . ab No Data Ava .l e .__ ___ _ f _____ - i `'m W {�1 �� / \ I � - '- �` / \, _. � - , . Data for this series is considered to be insufficient Data for this series is considered to be insufficient Probability Of Selling In Months Months To sale t00 % g 34 it ar , , A 90 % _ ' 32 i 80 % / 30 A 70 % i \ . 4 28 , . o tc 60 /0 ‘ 20 �� 8 / 22 . . 5 Months 7 1 ' Q �r. ' Fµ 4C) % - 1 24 u$ A \1 N\ 30 % 22 1 1 20 % I 1 — I - 1 I I - - 1 - 20 I I 3 6 9 12 15 18 21 24 30 00 > 00 01 20 02 20 03 20 04 20 01 21 02 21 50 % Probability Thresh ° d ## 37414521 5/ 17/ 2021 deit 2021 Costar Realty Information Inc . tag CoStat" ' 12 Page 10 Safe Comps A yt cs 1 Top Buyers Top Sellers I 1 I 1 Franc Shack America Inc Dnd Properties LLC Doug D Hirschfeld United Properties A Canzoneri John & Su . . . Duane A & Deborah L . . . Clyde C Canine Grant Reel Estate , LLC Tamara D Quinn Thomas Carl Petrillo Dennis C Quinn $ 500K S1 M S1 . 5M $ 2M $ 2 . 5M $ 3M $ 3 . 5M $ 0 $ 1 M $ 2M $ 3M $ 4M Sales Volume Sales Volume 1 Top Buyer Brokers , Top Seller Brokers rTII;ii SullivanHayes Broker . . . SVN International Corp HomeSmart Internatio . . . The Colorado Group , I . . . SVN International Corp $ 600K $ 303K $ 1 M $ 1 . 2M $ 1 . 4M SEM< $ 1 . 2M $ 1 . 6M S2M $ 2 . 4M Sales Volume - Headquarters Location Sales Volume - Headquarters Location # 37414521 5/ 17/ 2021 s 2021 Costar Realty Information Inc . C oStar • 13 Page 11 Sa e Comps Ana ' ylcs Sales By Buyer Type Sales By Seller Type 100 % 00 % ,_ Private Private Sales Volume Percent Sales Volume Percent Sales Volume By Buyer Type Sales Volume By Seller Type $ 2 . 2M ti 1 n 8 M $ 2M s a 6L1 $ 1 . 6M $ 1 AM $ 1 . 6M $ 1 . � M $ 1 . 2M $ 1 . 2M - - $ 1M $ 1 M - - $ 800K $ 800K $ 600K $ 600K WOK - _ $ 4 �tOK $ 26 + 0K 11 $ 2 � 00K $ 0 16 17 16 19 26 16 17 16 19 26 Private Private # 37414521 5117/ 2021 at 2021 CaStar Realty Information Inc . it oSta ' Page 12 Sa e Comps Ana ' ylcs Net Buying & Selling By Owner Type Sales Volume By Buyer Origin $ 000 K $ 400K 22 % $ 200 K Local $ 0 ( $ 200 K ) ( $ 400K ) ( $ 000 K ) % National ( $ s00K ) 10 17 18 19 20 Private Sales Volume Percent Sales Volume Bar Seller Origin Average Price Per SF Bar Buyer Origin 2 % 2 % Local Foreign No Data Ava . ab e \ Cjirs-. [7 1 .j--> „ 96 % Data for this series is considered to be insufficient National Sales Volume Percent ## 37414521 5/ 17/ 2021 sin @ 2021 Costar Realty Information Inc . tag CoStarn • Page 13 15 Sa e Comps Ana ' ylcs Average Caps Rate By Buyer Origin Market Rent Per SF No Data Ava . ab e No Data Available me Data for this series is considered to be insufficient Data for this series is considered to be insufficient Market Rent Growth ( YOY ) Market Rent & Asking Rent Per SF No Data Ava . i ab e No Data Ava . i ab e • CP// 7 \ cp . j/ Data for this series is considered to be insufficient Data for this series is considered to de insufficient ## 37414521 5/ 17/ 2021 Allit @ 2021 Costar Realty Information Inc . %key oStar 16 Page 14 Sa e Comps Ana ' ylcs Asking Rent Per SF Daily Asking Rent Per SF No Data Ava . ab e No Data Available __ _____• \ w 10-7- / \ 7-) 2 :- --.__ ___ \ i _______ ::: / \ / \ me - -__ _I Data for this series is considered to be insufficient Data for this series is considered to be insufficient Daily Vacancy Rate Vacancy Rate No Data Ava . i table No Data Ava . i lab e r ____ / ----- ___ / ----- -- _ _ ‘ / a-\ 1 ‘ • ______-1 / .__ __ \ ___-- / ‘ 1 7/ i / ->---- • / C 71ECT- -- „(r' • \- i -__. -----e :-...:--<- is Cal// 7 \ cp . ir--, :-___"::: / \ \ 7 I----- _i___ _ :::---z:- / \ __ _.___ . \ .._•_ .___ _ _____ / \ > „ \ _. ._. / \_____--- \_..._•---- Data for this series is considered to be insufficient Data for this series is considered to de insufficient ## 37414521 5/ 17/ 2021 Allit it @ 2021 CoStar Rea Ity Information Inc . to CoStar 17 Page 15 Sa e Comps Ana ' ylcs Vacant SF Availability Rate No Data Ava . . ab e No Data Ava .l e .__ ___ __ _____• w 10- -\ 7-) 2 :- -- !f + \ i _______ ::: / \ / \ me - -__.J Data for this series is considered to be insufficient Data for this series is considered to be insufficient Available SF Availability & Vacancy Rate No Data Ava . i ab e No Data Ava . i labs e 'f _ � / _ . _ ----s- -- _ _ ‘ 1 • ___-- / ______- / .__ __ \ 1 7/ i / ->---- • / C I• - !f `� _ \-\ _i___s _i __C___-____. -/--P-/-e :.-..:---c/7 \\ c p\ . 77_ s__-__ :-- /„ '(r + 1 - --- �� ,� .. 1 -- - . \ `r' � _ �i -` ��, _ -` �� Data for this series is considered to be insufficient Data for this series is considered to be insufficient ## 37414521 5/ 17/ 2021 Allt it @ 2021 CoSta r Realty Information Inc . to CoStar 18 Page 16 Sa e Comps Ana ' ylcs Available & Vacant SF Vacancy & Market Rent Per SF No Data Ava . ab e No Data Available W7C7,t. !f \, _ � - Data for this series is considered to be insufficient Data for this series is considered to be insufficient ## 37414521 5/ 17/ 2021 sin @ 2021 CoSta r Realty Information Inc . #, tee Co Star 19 Page 17 Report Criteria • 15 Records / 10 Properties * Sale Date : 7/ 1 / 18 - 6 /30 /20 • Include : Public Record Comps * Sale Status : Sold + 1 * Search On and Return Portfolio Sales as Individual Properties : Yes • 5 mi Radius • Property Type : Land • Land Area : 5 - 15 AC • Exclude : Bulk Portfolio Sales + 3 f# 37414521 5H7/ 2021 0 2021 CoSiar Really information Inc . 1-� CQStaP " 24 Page 18 1 4210 Bruin St - Dear Industrial Park SOLD Longmont , CO 80504 Weld County Recorded Buyer : Buyer Sere Company , LLC Recorded Seller : Four Amigos Llc _ , r � a , . _ 14707 N 95th St - - • -- Longmont , CO 80504 - at S ale Date : 06 /26 / 2020 ( 4909 days on mkt ) Land Area : 5 . 44 AC ( 236 , 966 SF ) Sale Price : - Lot Dimensions : / AC Land Gross : - Proposed Use : Density : - Zoning : Topography : Level Sale Conditions : - P arcel No : - Financing : - Comp ID : 5166599 — Research Status : Research Complete 2 5902E Conservation Dr SOLD Longmont , CO 80504 Weld County Jima �°, d rna i Recorded Buyer : Kristi Roundy Recorded Seller : Easterwood Le - edward a ! ' � Ir - l : mtmt . r . � . 1 1 . 4 rem s l Y ds4 L. Recorded Buyer : Kurt A & Kristi L Roundy Recorded Seller : I > ' - t, 5507 VVetlands Dr � " ` k 1 � Frederick , CO 80504 S ale Date : 11 / 13 / 2018 Land Area : 5 . 25 AC ( 228 , 690 SF ) Sale Price : $ 470 , 000 Year Built / Age : - $ / AC Land Gross : $ 89 , 523 . 81 ( 2 . 06 / SF ) RBA : - PrFrma Cap Rate : - Zoning : R Parcel No : 131313421004 Financing : - Comp ID : 4586625 — Research Status : Public Record Copyrighted report licensed to Ryan LLC - 759368 . 5/ 17 / 2021 ano 1 , 21 Page 1 5992E Conservation Dr SOLD Longmont , CCU 80504 Weld County 4 1 . . . • - , t� ' � : TI . `III l Recorded Buyer : Bart & Patricia Denison Recorded Seller : Roloff Richard R i ! f � :4 � ' IT 5555 Wetlands DrL . e Frederick , CO8 € 504 ti ' t' ` 4=-tv • citici : • ngr ` -- .. 1 . Or & ; M. - Alter ..p _ 1 Recorded Buyer : Patricia Denison Recorded Seller : - t , +, Sale Date : 07 / 30 /2018 Land Area : 5 . 25 AC ( 228 , 690 SF ) Sale Price : $ 450 , 000 Year Built /Age : - $ IAC Land Gross : $ 85 , 714 . 29 ( $ 1 . 971SF ) RBA : - PrFrma Cap Rate : - Zoning : R Parcel No : 131313423013 Financing : - Comp ID : 4475718 — Research Status : Public Record 4 5992E Conservation Dr SOLD Longmont , CO 80504 Weld County ti Recorded Buyer : Adriana Lorenzo Recorded Seller : Johnson Bryan E & Cathleen P � •A , i _ _ _ • • a - ) • r - a • A • iF it F . r. i — - v IF' y wa - f kitiT t 1 i , 1 t ; ' life Recorded Buyer : Louis D & Adriana L Lorenzo Recorded Seller : - _ 1,14 : � r A _ 4 5517 Wetlands Dr c - . i a Frederick , CO 80504 RiSfirin 0 Copyrighted report licensed to Ryan LLC - 759368 . 5/ 17 / 2021 inS ' votiveiStirt ortii re , nber • 1iy ; + n } • terms 22 Page 2 S ale Date : 08 / 17 / 2018 Land Area : 5 . 25 AC ( 228 , 690 SF ) Sale Price : $ 449 , 000 Year Built / Age : - VAC Land Grass : $ 852523 . 81 ( $ 1 . 96 / SF ) RBA : - PrFrma Cap Rate : - Zoning : R P arcel No : 131313421006 Financing : - Comp ID : 4498105 — Research Status : Public Record 5 5902E Conservation Dr SOLD Longmont , CO 80504 Weld County if •Ya : F rr om Recorded Buyer : Jared R & Sarah J Muir Recorded Seller : Clark Justin & Vanessa � i 3 !! 5958 E Conservation Dr F � raw 1 „2 r . vasFrederick , CO 80504 t ;. r ` , � r _ . ti, 111 . 0 z 4 - I � t.- Y . G. ts. , a Slit Recorded Buyer : Sarah Muir Recorded Seller : - + I Sale Date : 03 /04 / 2019 Land Area : 5 . 25 AC ( 228 , 690 SF ) Sale Price : $ 375 , 000 Year Built / Age : - $ / AC Land Gross : $ 712428 . 57 ( $ 1 . 64 / SF ) RBA : - PrFrma Cap Rate : - Zoning : R P arcel No : 131313401030 Financing : - Comp ID : 4703190 — Research Status : Public Record Ryan') Copyrighted report licensed to Ryan LLC - 759368 . 5/ 17 / 2021 • 23 Page 3 6 5902E Conservation Dr SOLD Longmont , CCU 8 { 504 Weld County A - ' . - , . • ' � : trill Recorded Buyer : Andrea J Lamelle Recorded Seller : Flanagan Michael . ' a , � . II ' i� = _ 1 _ • fii x ` �I Ft1 i, - r ' � Ror ' jL _ Recorded Buyer : Ceylon J Headrick Recorded Seller : - , , , f +e - 5940 E Conservation Dr • ; f 1 . ,i a ' F Frederick , CO 80504 Sale Date : 11 /01 / 2019 Land Area : 5 . 25 AC ( 228 , 690 SF ) Sale Price : $ 375 , 000 Year Built /Age : - $ / AC Land Grass : $ 71 , 428 . 57 ( $ 1 . 64 / SF ) RBA : - PrFrma Cap Rate : - Zoning : R Parcel No : 1313134 { 1021 Financing : - Comp ID : 4951850 — Research Status : Public Record 7 5992E Conservation Dr SOLD Longmont , C 8 {3504 Weld Countyvrt.airsr.____arc 0 : Recorded Buyer : John I & Karla M Lucardie Recorded Seller : Stever Scutt D & Sandra • _" , - aL • • ^ x " x 1 max • iU 1 Recorded Buyer : Karla Lucardie Recorded Seller : - a14 - _ _ IA 1 • n �, `� r , ti i ) c 1. - `. Copyrighted report licensed to Ryan LLC - 7593 � 68 . 5/ 17 / 2021 RYCin nivoti vei Stir t on$ re , rrca • rlid / : + r } fterms 24 Page 4 S ale Date : 10 / 30 / 2018 Land Area : 5 . 25 AC ( 2287690 SF ) Sale Price : $ 2477500 Year Built / Age : - VAC Land Grass : $ 477142 . 86 ( $ 1 . 08 / SF ) RBA : - PrFrma Cap Rate : - Zoning : R P arcel No : 131313423011 Financing : - Comp ID : 4576122 — Research Status : Public Record 8 Glacier Way - Lot 7 SOLD Frederick , CO 80516 Weld County insam t Recorded Buyer : Up Frederick Retail Llc Recorded Seller : Canzoneri John & Susan 1331 17th St -Denver , CO 80202 P d • et an it se Sale Date : 04/ 12 / 2019 Land Area : 5 AC ( 217 , 800 SF ) Sale Price : $ 1 , 3007000 - Confirmed Lot Dimensions : VAC Land Grass : $ 2607000 . 00 ( $ 5 . 97 / SF ) Proposed Use : Commercial . 8 . Density : - Zoning : - Topography : Level Sale Conditions : - P arcel No : 146703201009 Financing : Comp ID : 4740254 — Research Status : Confirmed 8258 Highway 52 - 8258 Highway 52 MirSOLD Frederick , CO 80516 Weld County Recorded Buyer : 3258 Highway 52 L L C Recorded Seller : Clyde G Canino 1040 S Gaylord St 9968 Lookout Rd Denver , CO 80209 Lafayette CO 80026 iv ( 303 ) 665- 4888 : ti _ k. _ r ri Sale Date : 02 / 26 / 2020 ( 1000 days on mkt ) Land Area : 10 . 31 AC ( 449 , 104 SF ) Sale Price : $ 9757000 - Confirmed Lot Dimensions : VAC Land Gross : $ 947605 . 16 ( $ 2 . 17 / 39 Proposed Use : VVarehouse Density : - Zoning : - Topography : Level Sale Conditions : - P arcel No : 146703000005 Financing : Down payment of $ 2117375 ( 21 . 7 % ) ; $ 7637625 from Private Lender Comp ID : 5071033 — Research Status : Confirmed Copyrighted report licensed to Ryan LLC - 7593 � 68 . 5/ 17 / 2021 Ryani0. ) I ;AIM 1" 1! Stir ; tan rn ribtf , WI terms 25 Page 5 10 7966 Penrose Blur ! UNDER CONTRACT • Frederick , CO 80530 Weld County Listing Broker : Summit Commercial Brokers Tim Conarro 6800N79thSt ( 303 ) 746 - 1490 I rna e Corning F, n Niwot , CO 80503 ( 303 ) 746 - 1490 Listing Broker : Market Real Estate Todd Walsh 1150 Maxwell Ave ( 303 ) 444 - 4888 Boulder , CO 80304 ( 303 ) 444 - 4888 Asking Price : $ 2 , 235 , 000 Sale Type : Investment Or Owner User $ / AC Land Gross : $ 174 , 336 . 97 ( $ 4 . 00fSF ) Land Area : 12 . 82 AC ( 558 , 439 SF ) Days on Market : 1062 Lot Dimensions : Sale Status : Under Contract Proposed Use : Apartment Units . . . Density : - Zoning : Community Commercial Topography : Level Sale Conditions : Redevelopment Project Parcel No : 131132316002 11 4444 Ritchie Dr - Lot 2B UNDER CONTRACT Longmont , CO 80504 Weld County Listing Broker : Av iso n Young Dawn McCombs 1801 California St ( 720 ) 508 - 8110 L i n Denver , CO 80202 Kevin Hann ( 720 ) 508 - 8100 ( 303 ) 390 - 0961 Asking Price : $ 1 , 327 , 242 Sale Type : Investment $ / AC Land Gross : $ 142 , 255 . 31 ( $ 3 . 271SF ) Land Area : 9 . 33 AC ( 406 , 415 SF ) Days on Market : 59 Lot Dimensions : -- Sale Status : Under Contract Proposed Use : Commercial . . . Density : - Zoning : LI Ryan .) , Copyrighted report licensed to Ryan LLC - 759368 . 5/ 17 / 2021 26 Page 6 12 4501 Salazar Ln - Del Camino S - Lot 8 SCALD Frederick , CO 80504 Weld Countysea Recorded Buyer : KO Industrial LLC Recorded Seller : Hirschfeld Camino South LLC 7399 Miller Ct 12806 N 115th St tot ;saw Frederick , CO 80504 Longmont , CO 80504 ( 303 ) 210 - 9000 ( 303 ) 591 - 3272 P - ' S ale Date : 06 /25 / 2020 ( 665 days on mkt ) Land Area : 11 . 50 AC ( 500 , 940 SF ) Sale Price : $ 1 , 220 , 000 - Confirmed Lot Dimensions : $ IAC Land Gross : $ 106 , 086 . 96 ( $ 2 . 441SF ) Proposed Use : Distribution . . . Density : - zoning : I - Industrial Topography : - Sale Conditions : - P arcel No : 131314308008 Financing : Down payment of $ 407 , 000 ( 33 . 4 % ) ; $ 793 , 000 from Midfirst Bank Comp ID : 5168692 — Research Status : Confirmed 13 4037 Salazar Way SCALD Frederick , CO 80504 Meld County Recorded Buyer : Frac Shack America Inc Recorded Seller : DND Properties LLC � ' 999 18th St - Denver , CO 80202 R Sale Date : 08 /24 / 2018 Land Area : 6 . 70 AC ( 291 , 852 SF ) Sale Price : $ 2 , 942 , 600 - Confirmed Lot Dimensions : - - , L . L $ IAC Land Gross : $ 438 , 996 . 99 ( $ 10 . 081SF ) Proposed Use : Industrial Density : - Zoning : Topography : - Sale Conditions : - P arcel No : 131314308004 Financing : Down payment of $ 2 , 942 , 000 ( 100 . 0 % ) Comp ID : 4507494 — Research Status : Confirmed 14 4465 Salazar Way - I - 25 Industrial Lot 2 SOLD Frederick , CO 80504 Meld County is taneks Recorded Buyer : Lynn Michael T Recorded Seller : Hirschfeld Camino South Llc urns 5400 Clarkson St 12806 N 115th St t Greenwood tillage , CO 80121 Longmont , CO 80504 ( 303 ) 254 - 8959 iimpleast scram S ale Date : 04 /22 / 2020 ( 531 days on mkt ) Land Area : 5 . 03 AC ( 219 , 107 SF ) Sale Price : $ 700 , 000 - Confirmed Lot Dimensions : $ IAC Land Gross : $ 139 , 164 . 89 ( $ 3 . 19fSF ) Proposed Use : Industrial Density : - zoning : Topography : - Sale Conditions : - P arcel No : 131314313002 Financing : - Comp ID : 5114443 — Research Status : Confirmed am) , Copyrighted report licensed to Ryan LLC - 7593168 . 5/ 17 / 2021 • 27 Page 7 15 SEC Firestone & Colorado a Fairview Street - Land , High Plains Marketplace SOLD Firestone , CO 80504 Weld County . a ' ` _ - - . P : _ .175 , _ _ , , . . all. .. " i, r . a : 0- * _ 1Recorded Buyer : Firestone Colorado HIdgs Llo Recorded Seller : Firestone Care LLC -1 € 0 2nd Ave S . g Saint Petersburg , FL 88701 I I ' - - :al marar ` � a ~ 4 7 - l r a , a . - • r — • — _ _ Sale Date : 11 / 01 / 2019 Land Area : 9 . 28 AC ( 404 , 237 SF ) Sale Price : $ 9007000 - Full Value Lot Dimensions : - VAC Land Gross : $ 6 , 982 . 71 ( $ 2 . 23 / SF ) Proposed Use : Industrial . . . Density : - Zoning : ' RED MU Topography : - Sale Conditions : - Parcel No : 131107218011 , 131107218013 Financing : - Comp ID : 4951847 — Research Status : Full Value Copyrighted report licensed to Ryan LLC - 759368 . 5 / 17 / 2021 Ryan .). Seeltrns to Tvxlny Arabkrrts. 28 Page 8 FOIE PROPERTY TAX IEPIEETT O Automotive Services Inc Property Omer 131323301001 And 8337 Rasberry \ fay Subject Property Weld County , CO Jurisdiction and state 2021 / 2022 Year This letter authorizes Ryan LLc and its affiliate , Ryan Tax Compliance Services , LLc to represent the above - named property as its property tax agent in the jurisdiction and state named above . This authorization includes but is not limited to : filing property renditions or returns ; signing and fling appeals ; examining property tax records ; and , appearances before the assessor , boards of equalization or review , or other governmental agencies responsible for the assessment of property . If there are any questions concerning this authorization , please contact the following : Christian Segner , ( 303 ) 222 - 1856 , chfstan . segner@ryan . com A copy of any applicat ' on or appeal attached to this authorization has been provided to the undersigned property owner . A facs . mile or scanned image of a signature below shall constitute an original signing of this authorization and the document containing the original signature will be submitted upon request . This authorization shall remain effective as Icing as permitted by law or until revolved in writing by the owner , The person signing below certifies that they area duly appointed officer , representative or agent of the owner and that they have the legal capacity to execute this authorization . Property Owner : • t > Scott E . Stevmson . Signature Printed Name Date Vice I ` Teri ent Title Sworn and subscribed before nee this 3 day of tin 021 . 91,1 Notary Public y commission ecp ` res : Or yf stevinson Automotive Group teri Haan Lexus of Frederick STATE OF COLORADO NOTARY ID 2002401549Q MY 9011811/41184310N _ MIRES 12/20 /20241 CLERK TO THE BOARD 186, PHONE (970) 400-4226 FAX (970) 336-7233 Imon • _ WEBSITE:www.weldgov.com �; I rj) �f 1150 O STREET • ca.LN1Yi P.O. BOX 758 GREELEY CO 80632 July 15, 2021 Petitioner: Agent (if applicable): AUTOMOTIVE SERVICES INC RYAN LLC 1726 COLE BLVD STE 300 C/O CHRISTIAN SEGNER LAKEWOOD, CO 80401-3214 1999 BROADWAY STE 4100 DENVER, CO 80202-5719 RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2021-1991, AS0109 Appeal 2008230177 Hearing 8/4/2021 1:00 PM Account(s)Appealed: R3635305 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 4, 2021, at or about the hour of 1:00 PM, to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Administration Building, Assembly Room, 1150 O Street, Greeley, Colorado. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor or his designee will be present. The Board will make its decision on the basis of the record made at the aforementioned hearing, as well as your petition, so it would be in your interest to have a representative present. If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you. If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 5, 2021, and mailed to you within five (5) business days. Because of the volume of cases before the Board of Equalization, most cases shall be limited to 10 minutes. Also due to volume, cases cannot be rescheduled. It is imperative that you provide evidence to support your position. This may include evidence that similar homes in your area are valued less than yours or you are being assessed on improvements you do not have. Please note: The fact that your valuation has increased cannot be your sole basis of appeal. Without documented evidence as indicated above, the Board will have no choice but to deny your appeal. If you wish to discuss your value with the Assessor's Office, please call them at (970) 400-3650. If you wish to obtain the data supporting the Assessor's valuation of your property, please submit a written request directly to the Assessor's Office by emailing assessor@weldgov.com or sending a fax to (970) 304-6433. Upon receipt of your written request, the Assessor will notify you of the estimated cost of providing such information. Payment must be made prior to the Assessor providing such information, at which time the Assessor will make the data available within three (3) working days, subject to any confidentiality requirements. Please advise me if you decide not to keep your appointment as scheduled. If you need any additional information, please call me at your convenience. Very truly yours, BOARD OF EQUALIZATION CidCJILv kr•A Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Assessor CLERK TO THE BOARD •4118a PHONE (970) 400-4226 FAX (970) 336-7233 )11/ il� _ WEBSITE:www.weldgov.com vas �� rlJ ' 1150 O STREET G o u N TY , P.O. BOX 758 GREELEY CO 80632 July 15, 2021 Agent: Petitioner: RYAN LLC AUTOMOTIVE SERVICES INC C/O CHRISTIAN SEGNER 1726 COLE BLVD STE 300 1999 BROADWAY STE 4100 LAKEWOOD, CO 80401-3214 DENVER, CO 80202-5719 RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket 2021-1991, AS0109 Appeal 2008230177 Hearing 8/4/2021 1:00 PM Account(s)Appealed: R3635305 Dear Petitioner(s): The Weld County Board of Equalization has set a date of August 4, 2021, at or about the hour of 1:00 PM, to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Administration Building, Assembly Room, 1150 O Street, Greeley, Colorado. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor or his designee will be present. The Board will make its decision on the basis of the record made at the aforementioned hearing, as well as your petition, so it would be in your interest to have a representative present. If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you. If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 5, 2021, and mailed to you within five (5) business days. Because of the volume of cases before the Board of Equalization, most cases shall be limited to 10 minutes. Also due to volume, cases cannot be rescheduled. It is imperative that you provide evidence to support your position. This may include evidence that similar homes in your area are valued less than yours or you are being assessed on improvements you do not have. Please note: The fact that your valuation has increased cannot be your sole basis of appeal. Without documented evidence as indicated above, the Board will have no choice but to deny your appeal. If you wish to discuss your value with the Assessor's Office, please call them at (970) 400-3650. If you wish to obtain the data supporting the Assessor's valuation of your property, please submit a written request to assessor@weldgov.com. Upon receipt of your written request, the Assessor will notify you of the estimated cost of providing such information. Payment must be made prior to the Assessor providing such information, at which time the Assessor will make the data available within three (3)working days, subject to any confidentiality requirements. Please advise me if you decide not to keep your appointment as scheduled. If you need any additional information, please call me at your convenience. Very truly yours, BOARD OF EQUALIZATION Ln¢c./V.vervL Esther E. Gesick Clerk to the Board Weld County Board of Commissioners • and Board of Equalization cc: Brenda Dones, Assessor CLERK TO THE BOARD PHONE (970) 400-4226 • FAX (970) 336-7233 I?r irk- _ WEBSITE:www.weldqov.com �#, ]"j ,f` 1150 O STREET c O U N T Y , P.O. BOX 758 GREELEY CO 80632 August 5, 2021 Petitioner: Agent (if applicable): AUTOMOTIVE SERVICES INC RYAN LLC 1726 COLE BLVD STE 300 C/O CHRISTIAN SEGNER LAKEWOOD, CO 80401-3214 1999 BROADWAY STE 4100 DENVER, CO 80202-5719 RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2021-1991 Appeal 2008230177 Hearing 8/5/2021 Dear Petitioner: On the day indicated above, the.Board of County Commissioners of Weld County Colorado convened and acting as the Board of Equalization, pursuant to C.R.S. §39-8-101 et seq., considered petition for appeal of the Weld County Assessor's valuation of your property described above, for the year 2021. The Assessment and valuation is set as follows: Actual Value as Actual Value as Set by Account# Decision Determined by Assessor Board R3635305 Stipulated-Approved $10,500,000 $9,990,695 Stipulated Value A denial of a petition, in whole or in part, by the Board of Equalization must be appealed within thirty(30) days of the date the denial is mailed to you. You must select only one of the following three (3) options for appeal: 1. Appeal to Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's decision to the Colorado Board of Assessment Appeals. A hearing before that Board will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the Board of Assessment Appeals is further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(2), only the record of proceedings from your hearing before the Board of Assessment Appeals and your legal brief are filed with the appellate court. All appeals to the Board of Assessment Appeals filed after August 10, 2021, MUST comply with the following provisions of C.R.S. §39-8-107(5): (5)(a)(I) On and after August 10, 2021, in addition to any other requirements under law, any petitioner appealing either a valuation of rent-producing commercial real property to the Board of Assessment Appeals pursuant to C.R.S. §39-8-108(1) or a denial of an abatement of taxes pursuant to C.R.S. §39-10-114 shall provide to the County Board of Equalization or to the Board of County Commissioners of the County in the case of an abatement, and not to the Board of Assessment Appeals, the following information, if applicable: (A) Actual annual rental income for two full years including the base year for the relevant property tax year; (B) Tenant reimbursements for two full years including the base year for the relevant property tax year; (C) Itemized expenses for two full years including the base year for the relevant property tax year; and (D) Rent roll data, including the name of any tenants, the address, unit, or suite number of the subject property, lease start and end dates, option terms, base rent, square footage leased, and vacant space for two full years including the base year for the relevant property tax year. (II) The petitioner shall provide the information required by subsection (5)(a)(I) of this paragraph (a) within ninety days after the appeal has been filed with the Board of Assessment Appeals. (b)(I) The Assessor, the County Board of Equalization, or the Board of County Commissioners of the County, as applicable, shall, upon request made by the petitioner, provide to a petitioner who has filed an appeal with the Board of Assessment Appeals not more than ninety days after receipt of the petitioner's request, the following information: (A) The primary method used by the county to determine the value of the subject property; and (B) The rates used by the county to determine the value of the subject property under the method identified in accordance with subsection (5)(b)(I)(A) of this section. (II) The party providing the information to the petitioner pursuant to subparagraph (I) of this paragraph (b) shall redact all confidential information contained therein. (c) If a petitioner fails to provide the information required by subparagraph (I) of paragraph (a) of this subsection (5) by the deadline specified in subparagraph (II) of said paragraph (a), the County may move the Board of Assessment Appeals to compel disclosure and to issue appropriate sanctions for noncompliance with such order. The motion may be made directly by the County Attorney and shall be accompanied by a certification that the County Assessor or the County Board of Equalization has in good faith conferred or attempted to confer with such petitioner in an effort to obtain the information without action by the Board of Assessment Appeals. If an order compelling disclosure is issued under this paragraph (c) and the petitioner fails to comply with such order, the Board of Assessment Appeals may make such orders in regard to the noncompliance as are just and reasonable under the circumstances, including an order dismissing the action or the entry of a judgment by default against the petitioner. Interest due the taxpayer shall cease to accrue as of the date the order compelling disclosure is issued, and the accrual of interest shall resume as of the date the contested information has been provided by the taxpayer. Appeals to the Board of Assessment Appeals must be made on forms furnished by that Board, and must be mailed or delivered within thirty (30) days of the date the denial by the Board of Equalization is mailed to you. The address and telephone number of the Board of Assessment Appeals are: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, Colorado 80203 Telephone Number: (303) 864-7710 Email: baa@state.co.us Fees for Appeal to the Board of Assessment Appeals: A taxpayer representing himself is not charged for the first two (2) appeals to the Board of Assessment Appeals. A taxpayer represented by an attorney or agent must pay a fee of$101.25 per appeal. OR 2. Appeal to District Court: You have the right to appeal the decision of the Board of Equalization to the District Court of the county wherein your property is located: in this case that is Weld County District Court. A hearing before The District Court will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the District Court is further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(1), the rules of Colorado appellate review and C.R.S. §24-4-106(9), govern the process. OR 3. Binding Arbitration: You have the right to submit your case to binding arbitration. If you choose this option, the arbitrator's decision is final and you have no further right to appeal your current valuation. C.R.S. §39-8-108.5 governs this process. The arbitration process involves the following: a. Select an Arbitrator: You must notify the Board of Equalization within 30 days that you will pursue arbitration. You and the Board of Equalization will select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator, the District Court of the county in which the property is located (i.e. Weld) will select the arbitrator. b. Arbitration Hearing Procedure: Arbitration hearings are held within sixty (60) days from the date the arbitrator is selected, and are set by the arbitrator. Both you and the Board of Equalization are entitled to participate in the hearing. The hearing is informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records documents and other evidence pertaining to the value of the property. The arbitrator also has the authority to administer oaths, and determine all questions of law and fact presented to him. The arbitration hearing may be confidential and closed to the public if you and the Board of Equalization agree. The arbitrator's decision must be delivered personally or by registered mail within ten (10) days of the arbitration hearing. c. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the Board of Equalization. In the case of residential real property, the fees may not exceed $150.00 per case. For cases other than residential real property, the arbitrator's total fees and expenses are agreed to by you and Board of Equalization, but are paid by the parties as ordered by the arbitrator. If you have questions concerning the above information, please call me at (970) 400-4226. Very truly yours, BOARD OF EQUALIZATION edvLe Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 t.i = Jam, WEBSITE:www.weldgov.com �jj 1150 O STREET I G.O U N T Y i P.O. BOX 758 GREELEY CO 80632 August 5, 2021 Agent: Petitioner: RYAN LLC AUTOMOTIVE SERVICES INC C/O CHRISTIAN SEGNER 1726 COLE BLVD STE 300 1999 BROADWAY STE 4100 LAKEWOOD, CO 80401-3214 DENVER, CO 80202-5719 RE: THE BOARD OF EQUALIZATION 2021, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2021-1991 Appeal 2008230177 Hearing 8/5/2021 Dear Petitioner: On the day indicated above, the Board of County Commissioners of Weld County Colorado convened and acting as the Board of Equalization, pursuant to C.R.S. §39-8-101et seq., considered petition for appeal of the Weld County Assessor's valuation of your property described above, for the year 2021. The Assessment and valuation is set as follows: Actual Value as Actual Value as Set by Account# Decision Determined by Assessor Board R3635305 Stipulated-Approved $10,500,000 $9,990,695 Stipulated Value A denial of a petition, in whole or in part, by the Board of Equalization must be appealed within thirty(30) days of the date the denial is mailed to you. You must select only one of the following three (3) options for appeal: 1. Appeal to Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's decision to the Colorado Board of Assessment Appeals. A hearing before that Board will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the Board of Assessment Appeals is further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(2), only the record of proceedings from your hearing before the Board of Assessment Appeals and your legal brief are filed with the appellate court. All appeals to the Board of Assessment Appeals filed after August 10, 2021, MUST comply with the following provisions of C.R.S. §39-8-107(5): (5)(a)(I) On and after August 10, 2021, in addition to any other requirements under law, any petitioner appealing either a valuation of rent-producing commercial real property to the Board of Assessment Appeals pursuant to C.R.S. §39-8-108(1) or a denial of an abatement of taxes pursuant to C.R.S. §39-10-114 shall provide to the county Board of Equalization or to the Board of County Commissioners of the County in the case of an abatement, and not to the Board of Assessment Appeals, the following information, if applicable: (A) Actual annual rental income for two full years including the base year for the relevant property tax year; (B) Tenant reimbursements for two full years including the base year for the relevant property tax year; (C) Itemized expenses for two full years including the base year for the relevant property tax year; and (D) Rent roll data, including the name of any tenants, the address, unit, or suite number of the subject property, lease start and end dates, option terms, base rent, square footage leased, and vacant space for two full years including the base year for the relevant property tax year. (II) The petitioner shall provide the information required by subsection (5)(a)(I) of this paragraph (a) within ninety days after the appeal has been filed with the board of assessment appeals. (b)(I) The Assessor, the County Board of Equalization, or the Board of County Commissioners of the County, as applicable, shall, upon request made by the petitioner, provide to a petitioner who has filed an appeal with the Board of Assessment Appeals not more than ninety days after receipt of the petitioner's request, the following information: (A) The primary method used by the county to determine the value of the subject property; and (B) The rates used by the county to determine the value of the subject property under the method identified in accordance with subsection (5)(b)(I)(A) of this section. (II) The party providing the information to the petitioner pursuant to subparagraph (I) of this paragraph (b) shall redact all confidential information contained therein. (c) If a petitioner fails to provide the information required by subparagraph (I) of paragraph (a) of this subsection (5) by the deadline specified in subparagraph (II) of said paragraph (a), the County may move the Board of Assessment Appeals to compel disclosure and to issue appropriate sanctions for noncompliance with such order. The motion may be made directly by the County Attorney and shall be accompanied by a certification that the County Assessor or the County Board of Equalization has in good faith conferred or attempted to confer with such petitioner in an effort to obtain the information without action by the Board of Assessment Appeals. If an order compelling disclosure is issued under this paragraph (c) and the petitioner fails to comply with such order, the Board of Assessment Appeals may make such orders in regard to the noncompliance as are just and reasonable under the circumstances, including an order dismissing the action or the entry of a judgment by default against the petitioner. Interest due the taxpayer shall cease to accrue as of the date the order compelling disclosure is issued, and the accrual of interest shall resume as of the date the contested information has been provided by the taxpayer. Appeals to the Board of Assessment Appeals must be made on forms furnished by that Board, and must be mailed or delivered within thirty (30) days of the date the denial by the Board of Equalization is mailed to you. The address and telephone number of the Board of Assessment Appeals are: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, Colorado 80203 Telephone Number: (303) 864-7710 Email: baa@state.co.us Fees for Appeal to the Board of Assessment Appeals: A taxpayer representing himself is not charged for the first two (2) appeals to the Board of Assessment Appeals. A taxpayer represented by an attorney or agent must pay a fee of$101.25 per appeal. OR 2. Appeal to District Court: You have the right to appeal the decision of the Board of Equalization to the District Court of the county wherein your property is located: in this case that is Weld County District Court. A hearing before The District Court will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the District Court is further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(1), the rules of Colorado appellate review and C.R.S. §24-4-106(9), govern the process. OR 3. Binding Arbitration: You have the right to submit your case to binding arbitration. If you choose this option, the arbitrator's decision is final and you have no further right to appeal your current valuation. C.R.S. §39-8-108.5 governs this process. The arbitration process involves the following: a. Select an Arbitrator: You must notify the Board of Equalization within 30 days that you will pursue arbitration. You and the Board of Equalization will select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator, the District Court of the county in which the property is located (i.e. Weld)will select the arbitrator. b. Arbitration Hearing Procedure: Arbitration hearings are held within sixty (60) days from the date the arbitrator is selected, and are set by the arbitrator. Both you and the Board of Equalization are entitled to participate in the hearing. The hearing is informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records documents and other evidence pertaining to the value of the property. The arbitrator also has the authority to administer oaths, and determine all questions of law and fact presented to him. The arbitration hearing may be confidential and closed to the public if you and the Board of Equalization agree. The arbitrator's decision must be delivered personally or by registered mail within ten (10) days of the arbitration hearing. c. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the Board of Equalization. In the case of residential real property, the fess may not exceed $150.00 per case. For cases other than residential real property, the arbitrator's total fees and expenses are agreed to by you and Board of Equalization, but are paid by the parties as ordered by the arbitrator. If you have questions concerning the above information, please call me at (970) 400-4226. Very truly yours, BOARD OF EQUALIZATION Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor Hello