HomeMy WebLinkAbout20152571.tiff I
1861 / i, ` CLERK TO THE BOARD
PHONE ( 970 ) 336-7215 , EXT 4226
tfrh
FAX ( 970 ) 352 -0242
WEBSITE : wo .J • 1150 O STREET
041---41
CO -U N T YP . 0 . BOX 758
GREE EY CO 80632
August 6 , 2015
BCG ENTERPRISES LTD LLLP
4845 S GAYLORD ST
ENGLEWOOD , CO 80113-7130
Account No . : R0173689
Dear Petitioner(s) :
Based upon information furnished to the Weld County Board of Equalization , we understand that
you have withdrawn the petition challenging the valuation of the above Account number .
Please be informed that a withdrawn petition precludes any further challenge to the valuation of
the above Account number for this assessment period . Therefore , the Board of Equalization
took no action on your petition and the assessed value remains as set by the Assessor .
Very truly yours ,
BOARD OF EQUALIZATION
de/XL%) Xitio ;uka
Esther E . Gesick
Clerk to the Board
Weld County Board of County Commissioners
cc : Christopher Woodruff, Assessor
CRAIG C HAU
2803 E HARMONY RD
FORT COLLINS , CO 80528-9557
2015-2571
AS0091
Rafaela Martinez
From : Courtney Anaya
Sent : Wednesday, July 15 , 2015 1 : 12 PM
To : Esther Gesick; Rafaela Martinez
Cc : Noel Lawrence
Subject: FW: Appeal of
Bcc3 entleprispo Jkd LLLP
rgo1731,89 • )
Is this sufficient for a Withdrawal ? Please see below.
Thanks,
Courtney Anaya
Analyst
Weld County Assessor's Office
(970) 353-3845 ext. 3670
canaya@weldgov.com
. .... . .. .. .. ...... .............. ......... . .
rt
y -wYd5fiFey
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 e-mail 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 : Noel Lawrence
Sent: Wednesday, July 15, 2015 11 : 22 AM
To : Courtney Anaya
Subject: FW : Appeal of Metal Container Corp
Withdrawal . I believe this is sufficient. . . . correct ?
:,;;.;rla:K.:!^Jn[awaorsvoxr]:,w..:r;. ::.:-xcT»•,.".••N^;^,Y«•ro•,•;•••;.•,::.r!^m.`>m».Mam••iv»'.or»:.u::::r. n-«.va-.m.:4.w»»:»mwnw»AY,Nu'.%,::»o;:Mrrao,.,R»YV:Jwweum»ws;;W.evuoc::(w c0uiwm»»raw»",wea.W>xet,ax•xtl»»mNo»ewxoabaxwrax«.,........... ...».1':M:.utia v>»wo»u»x»+YUero%et<w n»w.we»ee X44A.SX•*“4aw'».. •.xC»w>x�»1a0owaexo>wtwxwwxeowoa mxexeoox:trx.Wx:.waoerwaoawvoWw.ann nroxeette+Y+:
From : Rachel Bomgaars [mailto : rbomgaars@thegroupinc.com]
Sent: Wednesday, July 15, 2015 11 : 17 AM
To : Noel Lawrence
Cc: Craig Hau
Subject: FW : Appeal of Metal Container Corp
Good Morning Noel ,
We have word from the Owner that they wish to formally withdraw their Notice to Appeal . Please, let us know
if you need anything in writing or what documentation we need to submit in order to do so .
Thank you in advance .
2015-2571
1
Best Regards,
Rachel Bomgaars
Licensed Personal Assistant to Craig C. Hau
The Group, Inc. Real Estate
2803 E. Harmony Road
Fort Collins, CO 80528
Direct: (970) 377-4947
Office: (970) 229-0700
romgaars a thegroupinc.com
THEGR,OUPI G.
Real Estate
From: Noel Lawrence [mailto:nlawrence@co.weld.co.us]
Sent: Wednesday, July 15, 2015 10:44 AM
To: Craig Hau
Subject: RE: Appeal of Metal Container Corp
We are meeting on Tuesday the 21st to schedule all the hearings. It would be great if we could be notified by
then.
Respectfully,
Noel Lawrence
Commercial Appraiser
Assessor's Office
2
1400 N. 17th Avenue
Greeley, CO 80631
970-353-3845 ext. 3695
t, t ; A
40 . E
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 e-mail 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: Craig Hau [mailto:chau@thegroupinc.com]
Sent: Wednesday, July 15, 2015 10:38 AM
To: Noel Lawrence
Cc: Rachel Bomgaars
Subject: RE: Appeal of Metal Container Corp
Dear Noel,
I appreciate you contacting us on this property "Appeal/Arbitration".
We have just finished up our expanded Analytical search of comparable sale comps, and I have a call/email into
this property owner with that information.
We believe that we may want to withdraw the Arbitration reauest.
I am awaiting confirmation from the Property Ownership, and will notify you as soon as we hear.
3
What is the deadline to do so?
Best Regards:
Craig
hi
Craig C . Hau
Sontor Commercial Advisor/Partner
THE ROUPINC.
Real Estate n Cr
2803 E. Harmony Road
Fort Collins, CO 80528
Office: (970) 229-0700
Direct: (970) 377-4928
Mobile: (970) 222-0077
Email: chaunthegroupinc.com
www.CraigHau.com
From: Noel Lawrence [mailto:nlawrence(a�co.weld.co.us]
Sent: Tuesday, July 14, 2015 10:04 AM
To: Craig Hau
Subject: Appeal of Metal Container Corp
Hi Craig. I received your appeal of R0173689. Based on the comparables for large manufacturing facilities in
the Windsor area I will not be able to offer any adjustment. The best comparable is the old Deline box plant in
Windsor that was purchased by Tolmar for $42 psf. And it was not in the best of condition as it had an
additional $14m in permits after the purchase.
4
You obviously have the option of either going forward before the commissioners at the hearing or withdrawing
the appeal. I just wanted to extend you the courtesy of knowing where my valuation was coming from.
Respectfully,
Noel Lawrence
Commercial Appraiser
Assessor's Office
1400 N. 17th Avenue
Greeley, CO 80631
970-353-3845 ext. 3695
r ,
I
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 e-mail 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.
5
NOTICE OF DETERMINATION
RECEIVED
Christopher M. Woodruff Date of Notice: 6/30/2015
Weld County Assessor JUL ) 7^'5 Telephone: (970) 353-3845
1400 N 17th Ave Fax: (970) 304-6433
Greeley, CO 80631 WELD COUNTY Office Hours: 8:00AM—5:00PM
COMIVI1SSIONERkEGAL DESCRIPTION/PHYSICAL LOCATION
TAX ACCOUNT NO. TAX YEAR TAX AREA
R0173689 2015 0436 WIN PT SW4 23-6-67(TRILLIUM ANNEX)BEG
S4 COR W120.36'NOOD18'W 30'W680'NOOD
LC
• BCG ENTERPRISES LTD LLLP 18'W 20'TO TPOB NOOD18'W 1751.46'N71 D0
4845 S GAYLORD ST
OW 538.70'S1926.79'E519.33'TO TPOB
ENGLEWOOD,CO 80113-7130
cc 900 METAL CONTAINER CT
a WINDSOR,CO 000000000
O
re
ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER
REVIEW REVIEW
INDUSTRIAL 6,657,281 6,657,281
TOTAL $6,657,281 $6,657,281
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:
AL01 - Your property has been uniformly valued following Colorado law. Your protest of value has
been denied due to comparison of other similar properties which sold during the 2013/2014 time
period.
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): . Y -
CRAIG C HAU
2803 E HARMONY RD dpti
FORT COLLINS, CO 80528-9557
7//5 I! ,, 6000-0125
A5O09l
+.+Pit y:.ti v i'..
APPEAL PROCEDURES
County Board of Equalization Hearings will be held from
July 29 through August 5 at 1150 O 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, § 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:
Board of Assessment Appeals District Court
1313 Sherman Street, Room 315 Contact the 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.ciov/baa telephone number.
Binding Arbitration
For a list of arbitrators, contact the County Commissioners at the address listed for the County Board
of Equalization.
If the date for filing any report, schedule, claim, tax return, 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, § 39-1-120(3), C.R.S.
PETITION TO COUNTY BOARD OF EQUALIZATION
What is your estimate of the property's value as of June 30, 2014? (Your opinion of value in terms of a
specific dollar mitnt is required for real property pursuant to § 39-8-106(1.5), C.R.S.)
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
inOlled cost, ' a etc.)
ATTESTATION
I, the undersigned owner o agent' of the property identified above, affirm that the statements contained herein
and on any attachments ereto are true and complete.
. G 970 .377. 9 zg c . /c
Signatu Telephone Number Date
-rki GaooP imc. Co m
Email Address
' Attach letter of authorization signed by property owner.
15-DPT-AR
PR 207-08/13
R0173689 8429403
WELD COUNTY ASSESSOR 2015 REAL PROPI`.,iTY NOTICE OF VALUATION
CHRISTOPHER M.WOODRUFF
1400 N 17TH AVE Phone: (970)353-3845, Fax (970)304-6433 TAXPAYER COPY
GREELEY, CO 80631 Office Hours: 8:00 a.m.-5:00 p.m. M-F
appeals@weIdgov.com
www.co.weld.co.us
Date: May 1,2015
SCHEDULE/ACCOUNT NUMBER TAX YEAR TAX AREA CODE "; PROPERTY DESCRIPTION(MAY NOT BE COMPLETE)
R0173689 2015
080723000048
0279796 01 AT 0.403 **AUTO T6 0 0453 80113-713045 WIN PT SW4 4 23-6-67(TRILLIUM AN N EX) BEG
'IIIIIIIIII"lII'I'lIllllIII'lllll'IIlIII1'l'I'IlIII"IIII"I"ll S4 COR W120.36' NOOD18'W 30'W680' NOOD
P 18'W 20' TO TPOB NOOD18'W 1751.46' N71D0
R 0 BCG ENTERPRISES LTD LLLP 0'W 538.70' S1926.79' E519.33' TO TPOB
OW 4845 S GAYLORD ST
PN ENGLEWOOD CO 80113-7130
EE m.▪ ...._
RR
T
Y
TYPE OF PROPERTY PRIOR YEAR ACTUAL RALUE CURRENT YEAR ACTUAL VALUE .OR CHANGE mm• ommm
INDUSTRIAL 6,671,800 6,657,281 -14,519
TOTALS 6,671,800 I 6,657,281
-14,519
Using the above values, the estimated tax based on the prior year value was $182,494.
The estimate of tax based on the current value is $182,097.
This results in a decrease of -$397. This estimate is based on 2014 tax rates. You will receive a tax bill in 2016.
The current year tax amount is merely an estimate based upon the best information available.You have the right to protest the
adjustment in valuation,but not the estimate of taxes,§39-5-121(1.5).C.R.S.
1861
1 TifN ii..\-\-i,--.--,, cr— -\\-\\
Lyi
V� NT`-\.A__F„--rAY
l -._p -
co
pFor specific property characteristic details, please see the Building Information and Valuation Information Tabs on your
° Property Report.
Y
w
i—
U
Q
Z
I
cc
w
0
O
c
a-
PLEASE REFER TO THE BACK OF THIS FORM FOR GENERAL INFORMATION CONCERNING YOUR PROPERTY VALUATION AND YOUR APPEAL RIGHTS.
ioveis,cccrs 0279796 0626647 0001 OF 0002 04SUM099498
DocuSi.n Envelo.e ID:4D76B2C8-1D86-4F5F( 2-E439A90B8C0E
' EAL PROPERTY APPEAL FORi'
If you disagree with the"current year actual value'and/or the classification determined for your p erty,you may toe an appeal by mall or in
person with the County Assessor.Completing the Real Property Questionnaire will help you determine an estimate of value tor your property,
which can be compered to the value determined by the Assessor.Colorado law requires application of the market approach to value for
residential prrft,operties d apartments)and consideration of the cost,market,and Income approaches to value for vacant land,
REASON FOR Ramona A RMEW: Assessed value is too high -- 3,,
s5creel Ciyeuklemaier(212)
REAL PROPERTY CLUES I IONNAIRE
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 Jane 30,2014, If data is
insufficient during this time period,the Assessor may also consider data from the 5-year period ending Jon 30,2114. Statute prohibits the
Assessor from using appraisal data after Jan 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.
DA SOD SCHEDULE/ACCOUNT NUMBER or PROPERTY DESCRIPTION or ADDRESS il SELLING PRICE
14 I( l2oI92c9 30 S-fr. M _‘ CO (O3( H 4 00, C.bo
3 2 i 3333 -e. C waist wre. ev efY•;N3 3,60Q tD()
1 I 3(r ) W. 63. . 'I. )1 9Awee, , Co 1 fo df N, W . ,,
Based on the intonation provided and accounting for differences between sold properties and your property,state the value of your property
as of Jane 30,2014.
$ 14 1 qQA , 3`! I
COAT AND INCOME APPROACIIt 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:$
AGENT ASSIGNMENT
Assouggit I authorize the below-named agent to act on my behalf regarding the property tax valuation of the property described herein for
the year 015
Agent's Name(/1Les,ftwcrhaig C.Hau Daytime 1bNpMoneft: (970)222-0077
owner's Signatur f. s Me: 5/26/2015
Please mall all coregarding this protest 2803 E.Harmony Road
to the above-named agent at the following address:
Fort Collins,CO 80528
OINNER/AGENT VERIFICATION
I,the undersigned owner ar egad of this property,state that the Information and facts contained herein and on any attachments constitute
true and complete statements concentric'the described property.
SCH EDULEXCO UNT NU MBER:1K d 113(O o q
(Found above your name i of this form.)
Bloaatttre• T' OMs; OS'•.a6-/s Nome 1lleobliet. (970)222-0077
Indicate the name,telephone number and email address for a person the Assessor may contact with questions.
Name Craig C. Hau Telephone (970)222-0077 Email chau@thegroupinc.com
Your right to appeal the property valuation and/or the classification to the Assessor expires on June 1.2015
if rho date for fling any docomont bib upon a Saturday,Sodom or irpai boldly,it*al bo doomed tinily Mai it poulnarlod or dUkiorod on ao and balms cloy.30-1-120(3).CRS.
Owner Name
BCG Enterprises LTD LLLP
Subject Property
Address Sq. Ft. Prior Year Current Year Price Per Sq. Ft.
900 Metal Container Court 214,751 $6,671,800 $6,657,281 $31.00
Windsor, CO
Comparables
Address Sq. Ft. Sale Date Sales Price Price Per Sq. Ft.
259 30th Street 321,390 4/15/2014 $4,400,000 $13.69
Greeley, CO 80631
3333 E. Center Drive 127,865 3/4/2014 $3,600,000 $28.15
Milliken, CO 80543
300-400 W 53rd Place 167,797 9/26/2013 $4,655,000 $27.80
Denver, CO 80216
Average price per Sq. Ft. of all 3 comparables $23.21
Summary
900 Metal Container is 214,751 Sq. Ft. x $23.21 = $4,984,370.71
New Estimate of Value for 900 Metal Container is $4,984,371
*Please see the additional attached supporting documentation
259 30th St
Greeley, CO 80631 : Tr k .
Class B Manufacturing Building of 321 , 390 SF Sold on
4/15/2014 for $4,400,000 - Research Complete
buyer -- = t �i yy
r l i
att. 4' . .
All American Pet Proteins , �, _. _'
259 30th St .
Greeley, CO 80631 - ,,'. _, Z' s
...
(303) 595-4440 k • , I , _ - . a—.. •
r
� ;
.r
-- -- - ----- r.'t F.
seller
RR Donnelley & Sons Company
111 S Wacker Dr ',
Chicago, IL 60606
(312) 326-8000
vital data
Escrow/Contract: 45 days Sale Price : $4,400,000
Sale Date : 4/15/2014 Status : Confirmed
Days on Market : 1 ,084 days Building SF : 321 , 390 SF
Exchange : No Price/SF : $13.69
Conditions : High Vacancy Property Pro Forma Cap Rate : -
Land Area SF : 1 ,119,492 Actual Cap Rate: -
Acres : 25.7 Down Pmnt: -
S/SF Land Gross : $3.93 Pct Down : -
Year Built, Age : 1984 Age: 30 Doc No: 4009580
Parking Spaces : 164 Trans Tax: -
Parking Ratio : - Corner: No
FAR 0. 29 Zoning : I-M
Lot Dimensions : - Percent Improved : 93.8%
Frontage : - Submarket: Weld County Ind
Tenancy: Single Map Page : -
Comp ID : 3010012 Parcel No : 096120101015
Property Type : Industrial
income expense data Listing Broker
Expenses - Taxes $187,256 Binswanger
5690 DTC Blvd
- Operating Expenses
$187, 256 Greenwood Village, CO 80111
Total Expenses
(303) 779-4345
Alexis Lambeth, Eric Dienstbach
' Buyer Broker
4 Citywide Commercial Properties, LLC
6901 S Yosemite St
Centennial, CO 80112
4 (303) 860-1400
Matt Capecelatro
financing
1st Colorado Business Bank
Bal/Pmt: $7,418,000
j
1
I
Copyrighted report licensed to The Group, Inc. - 65601 . 5/22/2015
Pir.-
GROUP Page 1
3333 E Center Dr
Milliken , CO 80543
Class B Manufacturing Building of 127,865 SF Sold on 3/4/2014 ___ - .94 ... 1
for $3,600,000 :;-
buyer =
e
Bayou Well Services ,- F : �, "I, Y _ 'S". x tis
r
800 Gessner Rd I p.,,
Houston, TX 77024 - - ��. .
(713) 935-8900 __
seller
All American Homes of Indiana, LLC ;.
aot
c/o All American Homes of Indiana, LLC
1418S13thSt
Decatur, IN 46733
(260) 724-9171
- - - -- - ____ ___ - ----- - —____---_____-_______ - --- - - - - - -
vital data __
Escrow/Contract: 120 days Sale Price : $3,600,000
Sale Date : 3/4/2014 Status : Confirmed
Days on Market: 148 days Building SF : 127, 865 SF
Exchange : No Price/SF : $28.15
Conditions: - Pct Office : 5.4%
Land Area SF : 1 ,015,819 Pro Forma Cap Rate : -
Acres : 23.32 Actual Cap Rate : -
$/SF Land Gross : $3.54 Down Pmnt: $3,600,000
Year Built, Age : 2000 Age: 14 Pct Down : 100.0%
Parking Spaces : 200 Doc No: 3999876
Parking Ratio : 1 .34/1000 SF Trans Tax : -
FAR 0.13 Corner: No
Lot Dimensions : - Zoning : -
Frontage : - No Tenants : 1
y Tenancy : Single Percent Improved : -
Comp ID : 2972061 Submarket: Weld County Ind
Map Page: -
Parcel No: 105707001001
y
Property Type : Industrial
income expense data Listing Broker
Expenses - Taxes $140,481 Newmark Grubb Knight Frank
1800 Larimer St
- Operating Expenses
Total Expenses $140,481 Denver, CO 80202
p (303) 892-1111
Steve Fletcher, Mike Wafer, Russell Gruber
Buyer Broker
jDTZ
772 Whalers Way
Fort Collins, CO 80525
(970) 776-3900
Travis Ackerman
financing
I Iff P Copyrighted report licensed to The Group, Inc. - 65601 . 5/22/2015
GROUP
Page 3
Tree!Esti
1.
300-400 W 53rd PI
Denver, CO 80216
Class C Showroom Building of 167,797 SF Sold on 9/26/2013 `` _ r6 - t...-, .*f . . _a
tf r r
for $4,665,000 - Research Complete
•
buyer
RentalsDenver, LLCfinsitir-
IIIItespis _
, e
I
820 S Monaco Pky �� - - '
Denver, CO 80224 " ` -
+ -�� fat b?.. y »
(303) 756-6871 ' 1 _ g.�a . . , .
]t
seller e
Y.!
Tom Duffy
7500 E Arapahoe Rd
Centennial, CO 80111 li
, 4
(303) 758-3105
vital data
Escrow/Contract: - Sale Price : $4,665,000
Sale Date : 9/26/2013 Status : Confirmed
Days on Market: 1 ,693 days Building SF : 167,797 SF
Exchange : No Price/SF : $27.80
Conditions : - Pro Forma Cap Rate : -
Land Area SF : 243, 500 Actual Cap Rate: 8.00%
Acres : 5. 59 Down Pmnt: $ 1 ,166, 250
S/SF Land Gross : $19. 16 Pct Down: 25.0%
Year Built, Age : 1974 Age: 39 Doc No : 0085859
Parking Spaces : 150 Trans Tax: $466. 50
Parking Ratio : - Corner: No
FAR 0.69 Zoning : 1-2
Lot Dimensions : - No Tenants : 6
Frontage : - Percent Improved : 91 .9%
Tenancy: Multi Submarket: Northwest Denver Ind
Comp ID : 2856918 Map Page: -
Parcel No: 1825-15-2-02-004
Property Type : Industrial
income expense data Listing Broker
•
Expenses - Taxes $129, 977 No Listing Broker on Deal
- Operating Expenses
Total Expenses $129, 977
Net Income Net Operating Income $373, 200
- Debt Service
Buyer Broker
- Capital Expenditure
Cash Flow No Buyer Broker on Deal
financing prior sale
1st First American St Bk Date/Doc No : 5/5/2008
Bal/Pmt: $3,498,750 Sale Price: $4,500,000
ComplD : 1530104
r Copyrighted report licensed to The Group, Inc. - 65601 . 5/22/2015
GROUP Page 2
INC
Estaw
(
VALUATION INFORMATION
- Your property was valued as it existed on January 1 of the current year. The tax notice you receive next January will be based on this value.
- All property in Colorado is revalued every odd numbered year. 39-1-104(10.2)(a), C.R.S.
- The appraisal data used to establish real property value was from the 18-month period ending June 30, 2014. 39-1-104(10.2)(a), C.R.S. If
data is insufficient during this time period, the Assessor may also use data from the 5-year penod ending June 30, 2014. State statute
prohibits the use of appraisal data after June 30, 2014; that data will be considered in the 2017 reappraisal. 39-1-104(10.2)(d), C.R.S.
- An assessment percentage will be applied to the actual value of your property before property taxes are calculated.
-The assessment percentage for residences is projected to be 7.96%. Generally, all other property, including vacant land, is assessed
at 29%.39-1-104.2(3)and 39-1-104(1), C.R.S.
- A change in the projected residential assessment percentage is NOT grounds for objection or abatement of taxes. 39-5-121(1), C.R.S.
APPEALING BY MAIL OR IN PERSON
If you choose to object to your valuation or its classification, please complete the appeal form and return it to the Assessor at the address
listed.To preserve your right to object, your appeal must be postmarked, emailed, faxed or delivered In person on or before June 1,
2015. 39-5-122(2), G.R.S.
Your right to appeal the property valuation and/or the classification to the Assessor expires on June 1, 2015
If the date for filing any document falls upon a Saturday.Sunday.or legal holiday,it shall be deemed timely filed if postmarked or delivered on the next business day.39-1-120(3),C.R.S.
ASSESSOR'S DETERMINATION
The Assessor must make a decision on your protest and mail a Notice of Determination to you by the last regular working day In June.
APPEALING THE ASSESSOR'S DECISION
If you disagree with the Assessor's determination, or if you do not receive a Notice of Determination from the Assessor, you must file a written
appeal with the County Board of Equalization on or before July 15th. 39-8-106(1)(a), C.R.S.
TO PRESERVE YOUR APPEAL RIGHTS, YOU
CORRESPONDENCEM YBEREQUIRED
UIRDBE TO
P PROVEED WITH POOH HAVE
F FILED TIMELY;THEREFORE, WE RECOMMEND
ALL 2015 PROPERTY TAX HOMESTEAD EXEMPTION INFORMATION
for
SENIOR CITIZENS AND DISABLED VETERANS
Notice.
As of the date this document'vas executed,the Colorado General Assembly has not ruled on the funding far the Senior Property Tax Exemption for tax
year 2015:taxes payable in 2016 The Disabled Veteran Exemption is still an acfve program.
The property tax exemption for those who qualify is 50 percent of the first$200,000 in actual value of their primary residence.The state pays the
exempted portion of the property tax.Those who have previously applied and have been granted the exemption do not need to apply again.
SENIOR CITIZEN ELIGIBILITY REQUIREMENTS
The exemption is available to any senior who is at least 65 years old,and who has owned and occupied the home as his or her primary residence for at
least 10 years,prior to January 1 of the year the application is filed.The exemption is also available to the surviving spouse of a senior who previously
met these requirements prior to his or her death. The application and instructions are available from,and should be submitted to,the county assessor
listed on the front of this notice.The application deadline is July 15.
DISABLED VETERANS
The exemption is available to any veteran who sustained a service-connected disability while serving on active duty in the Armed Forces of the United
States,was rated by the United States Department of Veterans Affairs as 100%"permanent and total"disabled,and was honorably discharged.The
veteran must have owned and occupied the home as his or her primary residence prior to January 1 of the year the application is filed.The application
deadline is July 1. The application is available from the Division of Veterans Affairs at the address and telephone number provided below and from the
Colorado Division of Property Taxation website at www.dola.colorado.gov/dpt Completed applications must be submitted to the Colorado Division of
Veterans Affairs at:
Colorado Department of Military and Veterans Affairs
Division of Veterans Affairs
1355 S.Colorado Blvd.,Bldg C,Suite 113
Denver,CO 80222
Telephone:303-284-6077
www.colorado.govivets
This Notice of Valuation does not reflect any information concerning the status of an application or reflect a reduction in actual value due to an
approved exemption.
• EAL PROPERTY APPEAL FO'
If you disagree with the"current year actual value"and/or the classification determined for your property,you may file an appeal by mail 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:
REAL PROPERTY QUESTIONNAIRE
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.
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: $
AGENT ASSIGNMENT
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
Agent's Name (please print): Daytime Telephone#:
Owner's Signature: Date:
Please mail all correspondence regarding this protest
to the above-named agent at the following address:
OWNER/AGENT VERIFICATION
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:
(Found above your name on the other side of this form.)
Signature: Date: Daytime Telephone#:
Indicate the name,telephone number and email address for a person the Assessor may contact with questions.
Name Telephone Email
Your right to appeal the property valuation and/or the classification to the Assessor expires on June 1, 2015
if the date for filing any document falls upon a Saturday.Sunday,or legal holiday,it shall be deemed timely filed if postmarked or delivered on the next business day.39-1-120(3).C.R.S.
Hello