Property Valuation Dispute Between Walmart And Carroll County Scheduled To Go To Trial Next Summer

A dispute over the Carroll Walmart property valuation is scheduled to go before a judge next summer. Walmart, Inc. and the Walmart Real Estate Business Trust named the Carroll County Board of Review as defendants in a petition filed in district court on June 20. The property is located at 2014 Kittyhawk Ave. and was assessed for the purpose of taxation on Jan. 1, 2019 at more than $11.1 million. The plaintiffs claim this board’s valuation is illegal, excessive and does not compare equitably to other similar properties. Walmart attempted to appeal the decision, but the board denied their request. In their answer, the county denies Walmart’s claims of an unfair assessment and notes the total valuation is only $9.7 million due to an Iowa Property Assessment Appeal Board (PAAB) decision in 2018. The non-jury trial has been scheduled to begin on Aug. 4, 2020 in the event the parties are unable to reach an agreement.