Pima County sales tax details The minimum combined 2025 sales tax rate for Pima County, Arizona is 11.1%. This is the total of state, county, and city sales tax rates.
Tax rates are applied to assessed values. The assessment ratio for residential property in Arizona is 10%. That means assessed values are equal to 10% of the LPV.
1. Property owner (applicant) must be 65 years of age or older. 2. The property must be the primary residence of the property owner and must have lived there for at least 2 years.
An assessment ratio is a term used in property taxation to refer to the ratio of the assessed value of a property to its fair market value.
Construction Delays: Ongoing delays due to permitting issues, labor shortages, and rising material costs are impacting the completion of new projects. This might slow the expected supply influx, providing a bit of breathing room in oversupplied markets (Fannie Mae Multifamily).
Capitalization Rate (Cap Rate) = Net Operating Income / Property Value. Value = Net Operating Income / Capitalization Rate.
Many of the issues confronting industry stakeholders in the new year are interrelated. High Financing Costs. Massive Commercial Real Estate Debt. High Cap Rates. Soaring Insurance Costs. Increasingly Unaffordable Housing. Rise in Artificial Intelligence. Impact of Extreme Weather. Lingering Office Vacancies.
Many of the issues confronting industry stakeholders in the new year are interrelated. High Financing Costs. Massive Commercial Real Estate Debt. High Cap Rates. Soaring Insurance Costs. Increasingly Unaffordable Housing. Rise in Artificial Intelligence. Impact of Extreme Weather. Lingering Office Vacancies.
More often, the components of real estate, personal property, and business enterprise value (“BEV”) are part of one package. All contribute to value. Their combination is the “going concern”.
The combination of the estimated project value and probability are represented, often on a decision tree. Step 3: A formula is applied to determine the expected commercial value of the project. It is ECV = (PVPcs – C)Pts-D.