Lowe's Home Centers, LLC v. Iowa Property Assessment Appeal Board
Lowe's Home Centers, LLC, Plaintiff-Appellant
vs.
Iowa Property Assessment Appeal Board, Defendant-Appellee
and
Johnson County Board of Review, Intervenor
Attorney for Appellant
Matthew M. Craft and Erich D. Priebe
Attorney for Appellee
Jessica Braunschweig-Norris and Bradley O. Hopkins
Court of Appeals
Court of Appeals Opinion
Opinion Number:
Date Published:
Summary
Appeal from the Iowa District Court for Johnson County, Kevin McKeever, Judge. AFFIRMED. Considered by Doyle, P.J., and Tabor and Ahlers, JJ. Opinion by Tabor, J. (12 pages)
The taxpayer, Lowe’s Home Centers, LLC, appeals a district court order affirming the Property Assessment Appeal Board’s (PAAB) valuation of its Coralville property at $10,940,000. OPINION HOLDS: Finding no merit in Lowe’s contentions that the PAAB’s consideration of the property’s “current use” violated Iowa law and that a fee simple assessment must value a property as vacant, we affirm the district court’s judicial review.