MEIJER STORES LTD. PARTNERSHIP v. Smith

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that the taxpayer’s USPAP (Uniform Standards of Professional Appraisal Practice) compliant appraisal and other market-based evidence were sufficient to establish true tax value
• noting that the use of vacant properties within a sales comparison approach is appropriate so long as they “were used for [the same] purposes both pre- and post-sale.”
• explaining that pursuant to the sales comparison approach, the market value-in-use of a retail property should be measured against properties with a comparable use as opposed to properties with identical users
• indicating that a newly constructed Meijer store was adversely impacted by obsolescence

Source: CourtListener parenthetical corpus (CC0).