HomeMy WebLinkAbout20152547.tiff CLERK TO THE BOARD
* \ 1861 / PHONE ( 970 ) 336 -7215 , EXT 4226
rriaFAXn .m.9), ( 970 ) 352 -0242
WEBSITE : www . co . weld . co . us
1150 O STREET
P . O . BOX 758
U � NTy
GREELEY CO 80632
_ GOU- r
1
August 5 , 2015
THIXOFORMING LLC
8906 FRONTIER ST
FIRESTONE , CO 80504
RE : THE BOARD OF EQUALIZATION 2015 , WELD COUNTY , COLORADO
ADMINISTRATIVE DENIAL OF PETITIONER ' S APPEAL AND AFFIRMATION OF
ASSESSOR ' S VALUE
ACCOUNT NO . : R6781274
Dear Petitioner :
On July 30 , 2015 , the Board of County Commissioners of Weld County Colorado
convened and acting as the Board of Equalization , pursuant to C . R . S . Section 39-8- 101 et seq . ,
considered your request for an Administrative Denial of your petition for appeal of the Weld
County Assessor' s valuation of your property described above , for the year 2015 .
The Assessment and valuation is set as follows :
ACTUAL VALUE AS ACTUAL VALUE AS
DETERMINED BY ASSESSOR SET BY BOARD
$ 1 , 015 , 061 . 00 $ 1 , 015 , 061 . 00
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 . Section 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 .
2015-2547
AS0091
All appeals to the Board of Assessment Appeals filed after August 10 , 2015 , MUST
comply with the following provisions of C . R . S . Section 39 -8 - 107( 5 ) :
( 5 ) ( a ) ( I ) On and after August 10 , 2015 , 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 section 39-8- 108 ( 1 ) or a denial of an abatement of taxes pursuant to section 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 subparagraph ( 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) All of the underlying data used by the county in calculating the value of the subject property that is
being appealed , including the capitalization rate for such property ; and
( B ) The names of any commercially available and copyrighted publications used in calculating the value
of the subject property .
( 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 .
2015-2547
AS0091
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: 303-866- 5880
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 .
Section 39-8 - 108 ( 1 ) , the rules of Colorado appellate review and C . R . S . Section 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 . Section 39-8- 108 . 5 governs this process . The arbitration process
involves the following :
a . Select an Arbitrator: You must notify the Board of Equalization 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.
2015-2547
AS0091
If you have questions concerning the above information , please call me at ( 970 ) 336-7215 ,
Ext . 4226 .
Very truly yours ,
4J0CS ;t4.
Esther E . Gesick , Clerk to the Board
Weld County Board of County Commissioners
Cc : Christopher Woodruff, Weld County Assessor
JOSEPH C SANSONE CO
18040 EDISON AVE STE 400
CHESTERFIELD , MO 63005- 3702
2015 -2547
AS0091
Rafaela Martinez
From: Courtney Anaya
Sent: Wednesday,July 22,2015 8:11 AM
To: Esther Gesick;Rafaela Martinez
Subject: FW:Appeals we will take administrative denials for(2nd group)
More Admin Denials
Courtney Anaya
Analyst
Weld County Assessor's Office
(970)353-3845 ext.3670
canaya@weldgov.com
Confidentiality Notice:This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed
and may contain information that is privileged,confidential or otherwise protected from disclosure.If you have received this communication in error,please
immediately notify sender by return a-mall and destroy the communication.Any disclosure,copying,distribution or the taking of any action concerning the contents
of this communication or any attachments by anyone other than the named recipient is strictly prohibited.
From:Wade Melies
Sent:Tuesday,July 21,2015 3:36 PM
To:Courtney Anaya
Subject:FW:Appeals we will take administrative denials for(2nd group)
More adminn deny,highlighted
From:David Johnson[mailto:diohnsongcsco.com]
Sent:Monday,July 20,2015 4:33 PM
To:Susan Gundry;Wade Melies;Noel Lawrence
Subject:FW:Appeals we will take administrative denials for(2nd group)
Below I have added some additional ones for Administrative denials.
Thank you,
David Johnson
Joseph C Sansone Company
2015-2547
18040 Edison Avenue
1 166009(
Chesterfield, MO 63005
1-636-733-5455 Direct
1-800-394-0140 Ext 5455
1-636-733-2223 Fax
djohnson'r%jcsco.com
From: David Johnson
Sent: Monday, July 20, 2015 3:45 PM
To: 'Susan Gundry'; 'Wade Melies'; 'Noel Lawrence'
Subject: Appeals we will take administrative denials for
Susan Wade and Noel,
From the ones I have looked at so far, below are the cases that we will take the administrative denial:
Susan:
R7518799 —2451 West 28th St, Greeley
R0139391 — 3565 W Service Rd, Evans
R6783222 —26959 County Rd 47
R3319586— 505 18th St
Wade:
R6781274 — 8906 Frontier St
R0167901 -320 Gateway Drive
2
R4335406 - 199 South Briggs
R4335506— 149 S Briggs
R4334906—71 Erie Pkwy
R4335106 — 51 Erie Pkwy
R6781273 — 7040 County Rd 20
R6780757 - 10168 E I-25 Frontage Rd
R4201806-7550 I 25 Frontage Road
Noel:
R4901507— 31375 Great Western Drive
R4699807
R0126095 -208 Main St
R0224393 -901 54th Avenue
R0223993 -5401 West 19th Street
I am getting through the rest and will send later today. But I wanted to get these to you now.
Thank you,
David Johnson
Joseph C Sansone Company
18040 Edison Avenue
Chesterfield, MO 63005
1-636-733-5455 Direct
1-800-394-0140 Ext 5455
3
NOTICE OF DETERMINATION
RECEIVED
Christopher M. Woodruff JUL 1 0 2015 Date of Notice: 6/30/2015
Weld County Assessor Telephone: (970) 353-3845
1400 N 17th Ave WELD COUNTY Fax: (970) 304-6433
Greeley, CO 80631 COMMISSIONERS Office Hours: 8:00AM— 5:00PM
ACCOUNT NO TAX YEAR TAX AREA LEGAL DESCRIPTION/PHYSICAL LOCATION
R6781274 2015 4284 L2 ADVANCED FORMING TECHOLOGY 1ST FG
THIXOFORMING LLC 8906 FRONTIER ST
8906 FRONTIER ST
FIRESTONE,CO 000000000
FIRESTONE,CO 80504
ct
O
of
a
ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER
REVIEW REVIEW
INDUSTRIAL 1,015,061 1,015,061
TOTAL $1,015,061 $1,015,061
The Assessor has carefully studied all available information, giving particular attention to the
specifics included on your protest. The Assessor's determination of value after review is based on
the following:
CM05- The law requires that data from Jan 2013 to June 2014 be used to establish current values.
We have considered all three approaches to value and we have denied your appeal based upon this
data.
If you disagree with the Assessor's decision, you have the right to appeal to the County
Board of Equalization for further consideration, § 39-8-106(1)(a), C.R.S.
The deadline for filing real property appeals is July 15.
The Assessor establishes property values. The local taxing authorities (county, school district, city,
fire protection, and other special districts) set mill levies. The mill levy requested by each taxing
authority is based on a projected budget and the property tax revenue required to adequately fund
the services it provides to its taxpayers. The local taxing authorities hold budget hearings in the fall.
If you are concerned about mill. levies, we recommend that you attend these budget hearings.
Please refer to last year's tax bill or ask your Assessor for a listing of the local taxing authorities.
Please refer to the reverse side of this notice for additional information.
Agent(If Applicable):
JOSEPH C SANSONE CO
18040 EDISON AVE STE 400
CHESTERFIELD, MO 63005-3702
17)
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AS oo9 I
APPEAL.PROCEDURES
County Board of Equalization Hearings will be held from
July 28 through August 5 at 1150O Street.
To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown
below,and mail or deliver a copy of both sides of this form to:
Weld County Board of Equalization
1150 O Street,P.O.Box 758
Greeley,CO 80631
Telephone:(970)356-4000 ext,4225
To preserve your appeal rights, your Petition to the County Board of Equalization must be
postmarked or delivered on or before July 15 for real property — after such date, your right to
appeal is lost. You may be required to prove that you filed a timely appeal; therefore, we
recommend that all correspondence be mailed with proof of mailing.
You will be notified of the date and time scheduled for your hearing. The County Board of
Equalization must mail a written decision to you within five business days following the date of the
decision. The County Board of Equalization must conclude hearings and render decisions by August
5, f 39-8-107(2), C.R.S. If you do not receive a decision from the County Board of Equalization and
you wish to continue your appeal,you must file an appeal with the Board of Assessment Appeals by
September 10,§39-2-125(1)(e), C.R.S.
If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your
appeal,you must appeal within 30 days of the date of the County Board's written decision to ONE of
the following:
Boarxt of Asses sins,
8DneaJa lct urj
1313 Sherman Street,Room 315 n e District Court in the County
Denver,CO 80203 where the property is located. See your
(303)866-5880 local telephone book for the address and
www.dola.colorado.aov/baa telephone number.
ilyndlnA Ark n
or a list of arbitrators,rs,contact the County Commissioners at the address listed for the County Board
of Equalization.
If the date for filing any report, schedule, claim, tax retrim, statement, remittance, or other document
falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed
on the next business day, 139-1420(3), C.R.S.
PETITION TO COUNTY BOARD OF EQUALQATION
What is your estimate of the property's value as of June 3O, 2014? (Your opinion of value in terms of a
specific dollar amount is required for real property pursuant to§39 8 106(1.5),C-RS.)
SEE ATTACHED
What is the basis for your estimate of value or your reason for requesting a review? (Please attach
additional sheets as necessary and any supporting documentation. i.e., comparable sales, rent roll, original
Installed cost,appraisal,etc.)
THE ASSESSOR'S CALCULATION OF THE VALUE EXCEEDS THE ACTUAL MARKET VALUE OF THE PROPERTY.
ATTESTATION
1,the undersi,, edowner or agent=of the property identified above,affirm that the statements contained herein
and on any a,r-ilia her are true and complete.
636-733-5455 142015
Sig ature Telephone Number Date
appeals@jcsco.com
Email Address Please Send all Correspondence to:
'Attach letter of authorization signed by property owner. Joseph 040 C Sansone Company
r9 18040 Edison Avenue
Chesterfield, MO 63005
liE40-VIOPERTY APPEAL FBRIVI
If you d;sagree with the"current year actual value'and/or the classification determined for your property,you may file an appeal by mall or in
person with the County Assessor,Completing the Real Property Questionnaire will help you determine an estimate of value for your property,
which can be compared to the value determined by the Assessor.Colorado law requires application of the market approach to value for
residential properties(includes apartments)and consideration of the cost, market,and income approaches to value for vacant land,
commercial,and industrial properties.
REASON FOR REQUESTING A REVIEW:The Assessor's calculation of value exceeds the actual market value of the
property.
REAL PROPERTY 0OESTIOhNAIRE
ATTACH ADDITIONAL DOCUMENTS AS NECESSARY
(Do not send original documents, they will not be returned.)
MARKET APPROACH(ALL PROPERTY TYPES):This approach to value uses sales from the 18-month period ending June 30, 2014. if data is
Insufficient during this time period,the Assessor may also consider data from the 5-year period ending June 30,2014. Statute prohibits the
Assessor from using appraisal data after June 30, 2014.
To help estimate the market value of your property,please list sales of similar properties that have sold in your neighborhood. A copy of an
appraisal prepared prior to June 30,2014 may be helpful in estimating the market value of your property.
DATE SOLD SCHEDULE/ACCOUNT NUMBER or PROPERTY DESCRIPTION or ADDRESS SELLING PRICE
Based on the information provided and accounting for differences between sold properties and your property,state the value of your property
as of June 30, 2014.
$See Enclosed Info
COST AND INCOME APPROACH: For vacant land,commercial and industrial properties the Assessor must also consider the cost and income
approaches to value. If your commercial or industrial property was not leased from January 2013 through June 2014,please complete the
market approach section above. To assist the Assessor in evaluating your appeal,and if your property was leased during January 2013
through June 2014, please attach an operating statement indicating your income and expense amounts.Attach a rent schedule indicating the
square footage and rental rate for each tenant occupied space. If known,attach a list of rent comparables for competing properties.
Estimate of value based on cost approach:$^
Estimate of value based on income approach:$See Enclosed Information
AGEI1T ASS'G'WME'NT
ASSIGNMENT I authorize the below-named agent to act on my behalf regarding the property tax valuation of the property described herein for
the year 9Q1 c
Agent's Name (please print): David Suden of Joseph C. Sansone Co. Daytime Telephone#: 636-733-5470
Owner's Signature: see attached Agent Authorization Date:
Please mail all correspondence regarding this protest
18040 Edison Avenue Suite 400
to the above-named agent at the following address:
Chesterfield, MO 63005
I,the undersigned owner or agent of this property, state that the information and facts contained herein and on any attachments constitute
true and complete statements concerning the described property.
SCHEDULE/ACCOUNT NUMBER:R6781274
(Found aboveur n on tther side of this form.)
Signature: \--� th Date: L'',/7_9A( 5 Daytime Telephone#: 636-733-54jj
Indicate the name,telephone number and email address for a person the Assessor may contact with questions.
Name David Suden Telephone 636-733-5470 Email appeals@jcsco.com
15-3221P-80V t ptt# ie ga) #ip and/or the classification to the Assessor expires on June 1, 2015
If the date for filing any`documelii falls upon a Saturday,Sunday,or legal holiday,it shall be deemed timely feed if postmarked or delivered on the next business day.39-1-120(3),C.R.S.
15-32068-0002-CO
•
AGENT AUTHORIZATION
TO: WELD COUNTY
Assessor's Office and the
Assessment Review Agency
THIXOFORMING LLC
hereby authorizes and appoints Joseph C. Sansone
Company to act as agent with full authority to handle all matters relating to ad valorem
tax matters. This includes but is not limited to filing of property tax declarations or other
documents with you or the Assessment Appeals Board, examining any records in your
office which I have a right to examine, appearing before any assessment officer or board
and discussing assessments and resolving disputes with you concerning the assessment
on property. for which I am responsible for the property taxes. This agency shall
terminate when all matters relating to the 20 j through 20./k_assessments are resolved.
THIXOFORMING LLC
EXACT NAME OF PROPERTY OWNER(i_a0M NOTICE OF VALUATION)
8906 FRONTIER ST FIRESTONE R6781274/131120202007
STREET ADDRESS ULE/PARCEL NUMBER
ORIZED SIGNATURE PRINT NAME OF SIGNER
Dt4.GGgn It a F aut-c.44 P ir4 L
DATE TITLE•
303-833-6000
PHONE NUMBER
State of Colorado
City of
On this day of ,20_before me,the undersigned officer,personally appeared
,known to me(or satisfactorily proven)to be the person whose name is subscribed to
within the instrument and acknowledged that he executed the same for the purposes therein contained.
In witness hereof I hereunto set my hand and official seal.
Notary Public
REAL PROPERTY SUMMARY ANALYSIS
OF
Advanced Forming Technology
8906 Frontier Street
Firestone, CO 80504
Parcel ID(s) Appeal Number
131120202007
As of
1/1/2015
Prepared By:
JOSEPH C. SANSONE COMPANY
18040 Edison Avenue
Chesterfield, Missouri 63005
<This is not an appraisal>
This information is provided by the Joseph C.Sansone Company as an authorized advocate and representative of the property owner or taxpayer,
Therefore,the information is not and should not be considered an objective analysis of the value of the subject property interest. The information is
not intended to constitute an"appraisal"or"appraisal report"pursuant to the Uniform Standards of Professional Appraisal Practice("USPAP")or
Missouri law. No one from the Joseph C.Sansone Company is acting as a licensed or certified real estate appraiser in this matter.Whether any person
involved in the preparation or presentation of the information is a licensed or certified appraiser is of no importance and the information and
presentation are not intended to comply with the USPAP requirements of appraisal practice.
5320680D02CO
8906 Frontier Street
PTR Number:15320680002CO
Location IDs:131120202007
Tax Year 2015 / Pay Year 2016
Area Type MANUFACTURING ! Location Totals
Gross Building Area 21,924 21,924
Net Leaseable Area 21,924 21,924
Potential Gross Income 3.00 65,772 3.00 65,772
Vacancy and Credit Loss 20.0% 13,154 20.0% 13,154
Effective Gross Income 52,618 52,618
Overall Expense 110.0% 5,262 10.0% 5,262
Net Operating Income 47,356 47,356
Base Cap Rate 9.000
Adj Tax Rate 0.235
Adj Cap Rate 9.235
Value Sum 512,803
Indicated Value 513,000
Total Indicated Value per SF(NLA) 23.39
1532068000700 Broker's Opinion—This is not an appraisal—See Full Disclaimer
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1200 7th Ave SOLD
Greeley, CO 80631
Sale on 6/5/2013 for $480 ,000 ($24. 17/SF) - Research Complete
4 19,860 SF Class C Manufacturing Building Built in 1950
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Buyer & Seller Contact Info
Recorded Buyer: H-S Testing, Inc. Recorded Seller: Greeley Coca-Cola Bottling Co
True Buyer: H-S Testing, Inc. True Seller: The Coca-Cola Company
Perry Allen Matt Fanoe
281 1st Ave 1 Coca-Cola Hz NW
Greeley, CO 80631 Atlanta , GA 30313
(970 ) 768-0043 (404 ) 676-2121
Buyer Type: Corporate/User Seller Type: Corporate/User
Listing Broker: Wheeler Management Group, Inc.
Ron Randel
(970) 352-5860
Jim Vetting
(970) 352-5860
Transaction Details ID : 2760304
Sale Date: 06/05/2013 (363 days on market) Sale Type: Investment
Escrow Length : - Bldg Type: Manufacturing
Sale Price: $480,000-Confirmed Year Built/Age: Built in 1950 Age: 63
Asking Price: $595,000 RBA: 19,860 SF
Price/SF: $24. 17 Land Area : 0.96 AC (41 ,800 SF)
Price/AC Land Gross: $500,208 .42
Percent Leased : 100.0%
Tenancy: Single
Document No: 3938102
Transaction Notes
This sales transaction was the building at 1200 7th Avenue in Greeley. This property sold for $480,000 or about $24. 00 per square foot.
This owner/user sale took place on 6 .5 .2013
The listing brokers are Ron Randel , Jim Vetting both of Wheeler Management Group, Inc.
Copyrighted report licensed to Joseph C. Sansone Company - 200793. 4/20/2015
39525 Hwy 85 - Wykert Industrial Park SOLD
Wykert Industrial Park
Ault, CO 80610
Sale on 4/19/2013 for $555,000 ($34.37/SF) - Research Complete
16, 150 SF Class C Warehouse Building Built in 1997, Renov 2003
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Buyer & Seller Contact Info
Recorded Buyer: Jones Squared LLC Recorded Seller: Margar Industries Inc
True Buyer: Jones Squared Llc True Seller: Margar Industries Inc
Christopher Jones Gary Rasmussen
577 Po Box 3812 Tayside Ct
' Greeley, CO 80632 Timnath , CO 80547
(970) 302-3304
Buyer Broker: The Group, Inc. Listing Broker: RE/MAX Alliance
Skylar Haskell James Neufeld
(970) 534-0825 (970) 506-2941
Transaction Details ID: 2727278
Sale Date : 04/19/2013 (214 days on market) Sale Type: Owner/User
Escrow Length : - Bldg Type: Warehouse
Sale Price: $555,000-Confirmed Year Built/Age: Built in 1997 , Renov 2003 Age: 16
Asking Price: $575,000 RBA: 16, 150 SF
Price/SF: $34.37 Land Area : 1 .40 AC (60,984 SF)
Price/AC Land Gross : $396,428 .57
Percent Leased : 100 .0%
Tenancy: Single
Document No : 3926154
Transaction Notes
This sale transaction was for the building at 39525 Highway 85 in Ault. This property sold for $555 , 000 or about $34 . 00 per square foot.
This owner/user sale took place on 4. 19 . 2013.
The new owners have an oil service company. The escrow time was 60 days. The seller motivation was retirement.
The new owners also purchased the lot next door. See COMP 2726692
Copyrighted report licensed to Joseph C. Sansone Company - 200793. 4/20/2015
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