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Caterpillar Warehouse | Memphis, TN

The Caterpillar warehouse appraisal was reduced from $20 million to $8 million. Caruthers argued before the Board of Equalization that the warehouse, with over 1 million square feet, was outdated and functionally obsolete having low ceiling heights and inadequate dock doors. This reduction benefitted the owner in over $350,000 in annual property tax savings.

Contact Caruthers & Associates

With over 40 years of experience, we have assisted clients locally and nationally to reduce and better manage their property tax liabilities.