Hi Rick,
Quick question from a founder doing research — not a pitch. Across 30+ years of office, flex, industrial, and retail deals in metro Atlanta at the owner-operator tier, you've probably seen every way a property tax assessment can distort a deal. That's exactly what I'm researching.
When an assessment is clearly too high, who fixes it today for the $1–8M owner — and would a contingency appeal service (owner pays only a percentage of savings actually won) earn referrals from a broker like you, or is that wishful thinking?
One example from my research: a 2018 office building in downtown Alpharetta assessed at $298/sqft while a comparable 2020 building in the same assessor neighborhood sits at $167/sqft — about $40K/year of tax in that gap, and the owner has never appealed. Georgia's 2026 windows are open right now.
Could I grab 15 minutes Tuesday June 16 (12–2:30pm ET) or Thursday June 18 (12:30–4pm ET)? Happy to work around you. I'll share what I learn across these conversations.
— Stephen Fong
t1_subject
30 years of metro Atlanta deals — do assessments ever kill them?
type
broker
30 years of metro Atlanta deals — do assessments ever kill them?
Hi Rick,
Quick question from a founder doing research — not a pitch. Across 30+ years of office, flex, industrial, and retail deals in metro Atlanta at the owner-operator tier, you've probably seen every way a property tax assessment can distort a deal. That's exactly what I'm researching.
When an assessment is clearly too high, who fixes it today for the $1–8M owner — and would a contingency appeal service (owner pays only a percentage of savings actually won) earn referrals from a broker like you, or is that wishful thinking?
One example from my research: a 2018 office building in downtown Alpharetta assessed at $298/sqft while a comparable 2020 building in the same assessor neighborhood sits at $167/sqft — about $40K/year of tax in that gap, and the owner has never appealed. Georgia's 2026 windows are open right now.
Could I grab 15 minutes Tuesday June 16 (12–2:30pm ET) or Thursday June 18 (12:30–4pm ET)? Happy to work around you. I'll share what I learn across these conversations.
— Stephen Fong