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AG 2011 09 19
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AG 2011 09 19
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Last modified
10/19/2011 11:36:18 AM
Creation date
11/27/2017 11:17:44 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
9/19/2011
Board
Board of Commissioners
Meeting Type
Regular
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CABARRUS COUNTY 2012 APPRAISAL MANUAL <br />YEAR BUILT <br />2000 -2012 <br />1990 -2000 <br />1989 -OLDER <br />Low <br />High <br />Low <br />High <br />Low <br />High <br />STRIP SHOPPING <br />CENTER <br />10.00% <br />12.00% <br />EXPENSES <br />13.00% <br />15.00% <br />14.00% <br />OAR SMALL 4 or less <br />Tenants <br />8.00% <br />9.00% <br />8.50% <br />9.50% <br />9.00% <br />11.00% <br />EXPENSES <br />20.00% <br />35.00% <br />25.00% <br />35.00% <br />30.00% <br />45.00% <br />OAR LARGE Over 4 <br />Tenants <br />7.50% <br />9.50% <br />8.00% <br />10.50% <br />9.00% <br />11.00% <br />EXPENSES <br />25.00% <br />40.00% <br />25.00% <br />45.00% <br />30.00% <br />50.00% <br />INDUSTRIAL <br />Sales <br />Sales Appraised Price <br />Appraised <br />OAR <br />7.50% <br />9.00% <br />8.00% <br />10.00% <br />10.00% <br />12.00% <br />EXPENSES <br />13.00% <br />15.00% <br />14.00% <br />18.00% <br />17.00% <br />23.00% <br />Warehouse <br />Sales <br />Sales Appraised Price <br />Appraised <br />OAR <br />7.00% <br />9.00% <br />8.00% <br />10.00% <br />10.00% <br />12.00% <br />EXPENSES <br />5.00% <br />15.00% <br />5.00% <br />20.00% <br />10.00% <br />30% <br />Self- Storage Warehouse <br />Sales <br />Sales Appraised Price <br />Appraised <br />OAR <br />7.00% <br />9.50% <br />7.00% <br />9.50% <br />8.00% <br />13.00% <br />EXPENSES <br />10% <br />25% <br />15% <br />30% <br />15% <br />40% <br />Supporting Parcels on OAR <br />Note: When applying overall rates for assessment purposes the property taxes should be removed and the tax rate <br />should be added to the cap rate. <br />Cabarrus County - 2012 Revaluation <br />INCOME PROPERTY VALUATION 8- 15 <br />05/24/01 <br />Attachment number 11 <br />G -3 Page 418 <br />Sales <br />Sales Appraised Price <br />Appraised <br />NO[ <br />Price Value CAP <br />Value Cap Date <br />Use <br />Light <br />5539 -05- 2607 -0000 $246,675.00 <br />$3,300,000 <br />0.07475 2009 <br />Manuf <br />Ware <br />Hse <br />5601 -25- 7480 -0102 $15,491.00 <br />$225,000 0.068849 <br />2011 <br />Condo <br />Note: When applying overall rates for assessment purposes the property taxes should be removed and the tax rate <br />should be added to the cap rate. <br />Cabarrus County - 2012 Revaluation <br />INCOME PROPERTY VALUATION 8- 15 <br />05/24/01 <br />Attachment number 11 <br />G -3 Page 418 <br />
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