Lowe's Home Ctrs., L.L.C. v. Brooklyn City Schools Bd. of Edn.

Citations

• 2020 Ohio 464

Syllabus

Whether the special purpose doctrine applied to the taxpayer's property involved factual questions and lay within the discretion of the BTA, to which we defer. Moreover, the requirement to value property for tax purposes as if unencumbered did not mean that the appraisers were to assume the subject property was vacant or distressed, but instead merely meant that an adjustment in value to simulate market rent and occupancy was appropriate.