Over-assessed vs. comparables

5051 S Commerce Dr

Murray · Salt Lake County, Utah · commercial property · 23,418 sq ft · Utah Code §59-2-1004

$7,306estimated overpaid in property tax / year

This property's assessment sits above the comparable basis its tax bill should follow — a strong opening for an appeal.

What the public records show

Salt Lake public rollUtah
Current assessment$4,349,500
What the comparable assessments support$3,685,299
Estimated over-assessment$664,201 · 15.3%
Comparable basis$157/SF
Estimated tax saved / year$7,306

Straight from the public Utah roll. The estimated saving applies an estimated composite millage to the over-assessment. We adjust comparables for size, age, and location before we say a word about your property — and we never name owners.

The comparable basis

The 8 comparable assessments behind the number

Each comparable is adjusted toward this property for size and age, then we take the median. Owners are never named — only the public assessment figures matter.

Comparable assessment $/SFAdjusted $/SFSizeBuilt
$95$9322,926 SF1989
$103$10526,000 SF1994
$126$12926,728 SF1995
$137$13219,576 SF1989
$158$15421,280 SF1990
$162$16019,125 SF1995
$198$19122,919 SF1986
$199$19221,713 SF1988

Why this is the lever

Utah Code §59-2-1004

Under §59-2-1004, a property owner may appeal the equalization of an assessment. Because Utah is a non-disclosure state, the assessor's own comparable assessed values are the evidence: when an assessment materially exceeds comparable assessed values, the Board of Equalization can equalize it down to match.

Your free review

See the full comparable analysis and start your review

The number above is free. Enter your email and we'll send the full breakdown for 5051 S Commerce Dr and tell you, with no obligation, whether it's worth filing. A licensed Utah agent handles everything from there. You pay only if your value comes down.

Get the full report
No upfront cost. We only get paid if we win your appeal.

More in Salt Lake County

Other Salt Lake County properties over the line