2010 billboard structures valuation guide north carolina department of revenue

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2010 BILLboard structures valuation guide north carolina department of revenue. Advanced personal property seminar greensboro , nc september 14, 2010. Lets Play The !Synonym Game! !YEAH!. 2009 Base value for: 4d - 378’ – 40 hagl. 2010 base value for: 4d – 378’ – 40 hagl. $ 41,900. - PowerPoint PPT Presentation

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Page 1: 2010  BILLboard  structures valuation guide north  carolina  department of revenue
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2009 BASE VALUE FOR:4D - 378’ – 40 HAGL

2010 BASE VALUE FOR:4D – 378’ – 40 HAGL

$ 41,900 $ 41,310

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2009 HAGL FOR:4D – 672’

2010 HAGL FOR:4D – 672’

25’,40’,50’,70’,100’ 0-20’,21-30’,31-40’,41-55’,56-80’,80’+

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Displays YEAR SCHEDSq. Ft of surface

HAGL (FEET) CLASS 2010 RCN

2009 Depreciated

Values

TAXPAYERS OPINION OF

VALUE

   

SLMA PL RD/THOMPSON 1 2004 BB50 300 15 3A 20,410 17,961 9,700

SLMA PL RD/THOMPSON 1 2004 BB50 300 15 3A 20,410 17,961 9,700

212.73 I95/THOMPSON 1 2004 BB50 672 58 4D 83,610 73,577 31,400

212.77 70-31321 JACKSON 2 2000 BB50 378 25 4D 37,370 29,896 20,150

212.78 70-31322 JACKSON 2 2000 BB50 378 25 4D 37,370 29,896 20,150

Total 199,170 169,291 91,100

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New HAGL ranges

Enhanced adjustment worksheet

Modified I-1 worksheet

More definitions

New base costs

More examples

Cost conversion included in costs

New depreciation schedule

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Panel Numbers DOT Permit Number Location City/District/None Build Date Class & Type HAGL Distance

Display Face Sq. Feet

Stacked Display ? Side-By-Side Display Illuminated ? Original Display Face

Equipment Cost for Electronic/Digital or Tri-Vision

County ID Number

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Lease agreement for $250 per month

At 12 months = $250 x 12 = $3,000

Apply the capitalization rate in that market = 10%

$3,000 divided by .10 = $30,000

This is the site value attributable to the land under the billboard structure

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