Appeal of Blue Ridge Mall LLC
COA10-1487 Appeal of Blue Ridge Mall LLC v. Henderson County, Court of Appeals case of 08 PTC 026. "His appraisal was competent, material and substantial evidence that the Commission's method of appraisal was arbitrary or illegal and substantially exceeded the true value in money of the property."
08 PTC 026, Appeal of Blue Ridge Mall LLC v. Henderson County, shopping mall, income approach, capitalization rate. "Henderson County did not assess the subject property at its market value as of January 1, 2007 when it did not rely upon the income capitalization approach to value the property."