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by Scott D - ex-QnA on November 9th, 2008
That will vary widely from one State to another and one city to another (also by actual store size or taxable market value).
For the Wal mart in my town here are the vital stats from public records:
Last recorded sale in '93 at $4.89 million
Current taxable market value $10.92 million (plus
Gross Square Footage 131,688
2008 building property taxes (PID #1): $340,453.62
2008 parking lot property taxes (PID #2): $115,284.62
Total annual property taxes: $455,738.24
This is one of of lowest taxed of the 20-odd stores in the Minneapolis-Saint Paul area, with 34 stores statewide. I was not about to dig through county tax records for all Minnesota stores, but at $500K per year (probably low), 34 stores would pay more than $17 million per year to local governments in property taxes.
I do not know whether Minnesota is a "typical" State.
by Anonymous on February 25th, 2009
Well the one near Me doesnt have to pay property tax for 30 years.That agreement with the town is up in 10 years.Depends on the situation and any other such agreements they may have.
Need a list of the percent of tax charged to building owners in astoria new york? specifically on this address 3132 29th street astoria nyc
by angel9heart10 on June 20th, 2010
| 1 person likes this
I am selling condo that I have owned/lived in for 10 yrs w/ a $100ish profit. Any idea about Mass State taxes which would affect my gain?
by suecritton on July 26th, 2010
| 1 person likes this
How can I settle my debts?
by samual135 on August 27th, 2010
| 1 person likes this
In which state is most lowest property tax?
by bonezip on June 8th, 2010
| 1 person likes this
If I buy a mobile home and put it in my backyard for a relative to live in, what taxes will I incur? I live in Texas.
by ltcman on March 28th, 2011
| 1 person likes this
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Comments
Impre$$ive Scott:)
by LEO on February 25th, 2009