Commercial property is valued and appraised at 100% of the amount of the market value. The appraisal is based on how well the property can be utilized. It is easier to understand the value of a commercial business property because the same guidelines usually apply to commercial property as it would to personal residential property. Learn more at https://www.poconnor.com/blog/how-is-your-business-personal-property-valued/
O'Connor provides property tax consulting services for both residential and commercial properties in numerous cities throughout Texas. To know property tax trends and comparison between cities