Our Services • Achieving Success Together
The Industrial Complex Property Group (ICPG)
approach results in managing and controlling your taxable value. We offer a complete range of services to minimize property tax liability
on a select range of industrial and commercial properties.
We will show you
how minimizing your tax liability can improve your cash flow, reduce your
expenses and increase your profits for years to
come. Our methodologies are
enormously effective, and we invite you to discover the lowest possible
legitimate tax liability for your company.
Industrial & Special Use Facilities
We secure results for your company
through several proven techniques and very comprehensive reports that outline
how your assessed values can be significantly reduced.
We
begin our review with a walking tour of your facility and interviews with key
personnel. Our professional engineering
expertise enables us to analyze your location and review your facility’s
machinery and equipment, manufacturing processes and economic position.
Our
engineering experts then correct your value by using our own innovative
software to carefully review your assets, reclassifying if necessary, and
extracting all intangibles. Through the
use of our various methods to quantify economic obsolescence, your
manufacturing, market, and industry trends are researched, documented,
quantified and factored into the value of your taxable assets.
After
collecting and reporting the pertinent information, we are fully prepared to
present your case before the assessing authorities. Your company’s best interests are represented
in a comprehensive report that completely authenticates your facility and
industry that tax year, while those of the assessing agency are protected by
having their own supportable documentation.
Commercial & Retail Property
We achieve
success for your complex commercial locations through our experience with all
aspects of personal property and real estate.
Our team’s knowledge of the markets for income-producing property, specific ad valorem
tax issues, state tax codes, and qualifying and quantifying internal and external factors affecting
assessed value creates a unique tax solution for your company.
We begin our
analysis by visiting your location, interviewing property managers, and
obtaining additional pertinent facts and issues related to the property. We then analyze the
value of the property based on the property’s generated income, regional market
sales data, Performa income information of similar and competitive properties
in the market, and assessment comparables.
Through the use
of various methodologies, our valuation experts determine
the property’s potential physical, functional and economic obsolescence. We then summarize the data into a
comprehensive analysis report of similar and competitive properties in your
market.
Our team then works in tandem with your accomplished
personnel to establish “target values,” file the
required documents, reports, and appeals with assessing authorities and to
negotiate the assessment through informal or formal hearings. Our approach works to monitor and
regulate your property tax liability and can be applied toward future tax seasons.