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Board of Equalization and Review

Orange County · Board of Equalization & Review
Tuesday, September 9, 2025

Regular meeting Tax rate and revaluation

Agenda document Minutes Watch Meeting recap

What was decided

  1. Approved 1Appeal of Walmart Real Estate Business Trust, PIN 9873497343 Board accepted the county's value of $19,238,400 with no change, 2-1
  2. Approved 2Appeal of Wendy's Properties LLC, PIN 9778863037 Board accepted the county's value of $2,012,100 with no change, 2-1
  3. Approved 3Appeal of Wendy's Properties LLC, PIN 9799682315 Board accepted the county's value of $1,448,800 with no change, unanimous
  4. Approved 4Appeal of L4 Carolina Properties LLC, PIN 9864906858 Board accepted the county's value of $1,373,000 with no change, unanimous

Read from the agenda's recorded outcomes. Where the board published minutes, those are the record — this is a pointer to them.

What's on this agenda

The Orange County Board of Equalization and Review hears four commercial property tax appeals: a Walmart-owned parcel on Hampton Pointe Boulevard and three Wendy's and L4 Carolina Properties parcels, each seeking a reduction from the county's assessed value.

Summarized from the published agenda. Read the agenda itself before acting on it.

Meeting recap

What happened, drawn from the records published after the meeting. Minutes

The board heard all four appeals as scheduled. Walmart sent a representative for its Hampton Pointe Boulevard store; the other three appellants, two Wendy's parcels and one owned by L4 Carolina Properties, did not appear. The county's consultant defended each assessed value with sales and income data, and the board kept every value unchanged.

The vote split 2-1 on the Walmart appeal and the first Wendy's appeal, with Saru Salvi, who chaired in Leon Meyers' absence, voting against both. The remaining two votes, on the second Wendy's parcel and the L4 Carolina Properties parcel, were unanimous.

How the votes went

The board voted to accept the county's recommended value with no change in all four appeals. Saru Salvi voted against on the Walmart appeal (501 Hampton Pointe Boulevard) and the first Wendy's appeal (100 S. Greensboro Street); the other two votes, on the second Wendy's appeal and the L4 Carolina Properties appeal, were unanimous.

From the published minutes.

Speaking at this meeting

Orange County's own rules for public comment — check them before you rely on anything here.

Agenda items (4)

Other · 4
  1. 1 Appeal of Walmart Real Estate Business Trust, PIN 9873497343
    Other Tax rate and revaluation
    Walmart sought to lower the assessed value of its 501 Hampton Pointe Boulevard parcel from $19,238,400 to $11,872,000, citing cost, income and sales data; the county's consultant recommended no change, citing comparable power-center and Walmart sales.
    Board accepted the county's value of $19,238,400 with no change, 2-1
    • 501 Hampton Pointe Blvd · no matching parcel on file
    • Pin 9873497343 · Walmart Real Estate Business Trust · assessed $19,238,400
  2. 2 Appeal of Wendy's Properties LLC, PIN 9778863037
    Other Tax rate and revaluation
    Wendy's, which did not appear, sought to lower the assessed value of its 100 S. Greensboro Street parcel from $2,012,100 to $1,756,254 based on comparable land values; the county cited restaurant sales and income-approach data supporting no change.
    Board accepted the county's value of $2,012,100 with no change, 2-1
    • 100 S Greensboro St · no matching parcel on file
    • Pin 9778863037 · Wendys Properties LLC · assessed $2,012,100
  3. 3 Appeal of Wendy's Properties LLC, PIN 9799682315
    Other Tax rate and revaluation
    Wendy's, which did not appear, sought to lower the assessed value of its 100 Scarlett Drive, Chapel Hill parcel from $1,448,800 to $888,966, citing cost-approach depreciation; the county cited restaurant sales and income-approach data supporting no change.
    Board accepted the county's value of $1,448,800 with no change, unanimous
    • 100 Scarlett Dr · no matching parcel on file
    • Pin 9799682315 · Wendys Properties LLC · assessed $1,448,800
  4. 4 Appeal of L4 Carolina Properties LLC, PIN 9864906858
    Other Tax rate and revaluation
    L4 Carolina Properties, which did not appear, sought to lower the assessed value of its 353 S. Churton Street parcel from $1,373,000 to $997,577 based on age and depreciation; the county cited restaurant sales and income-approach data supporting no change.
    Board accepted the county's value of $1,373,000 with no change, unanimous
    • 353 S Churton St · no matching parcel on file
    • Pin 9864906858 · L4 Carolina Properties LLC · assessed $1,452,900

Agenda changes

What moved between published versions of this agenda. Item numbers shift constantly as things are inserted, so only genuine additions and removals are listed.

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