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Michigan Court Affirms Property Tax Valuation of Menards Store

Feb. 14, 2022, 9:57 PM

The Michigan Tax Tribunal properly followed the 2016 instructions of the state Court of Appeals when it set the cash value of a Menards home improvement store, the court has said in an unpublished opinion.

The court Feb. 10 affirmed the tribunal’s valuation of $5 million for tax years 2012, 2013, and 2014, rejecting the city of Escanaba’s argument that the tribunal erred in applying the court’s earlier ruling when deciding what comparable sales among big-box retailers should be considered.

More: On remand from the appellate court, the tribunal weighed additional evidence as ordered, for example by factoring in ...