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County takes new approach to measuring commercial property values (access required)

Opinions mixed on income-based method

Some in the real estate industry are big fans of it. Others have questions and suspicions. In a new move for Mecklenburg County's assessor's office, commercial properties that are being reassessed for 2011 property tax values will have an income-based calculation applied to them. From the perspective of Chuck Hicks, the revaluation manager for the assessor's office, ...

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