> However, that’s not the way properties are supposed to be valued by state law - it is supposed to be based on the resale value There is also a very small mar

> However, that’s not the way properties are supposed to be valued by state law - it is supposed to be based on the resale value There is also a very small market for sales of big box stores. Their value is very location dependent in a way that is difficult to compare, and most of these 'dark stores' would require millions of dollars in renovations to be usable. "in many states, including Wisconsin, sales are supposed to be the first variable in the valuation equation, whenever possible" So no, resale value is not supposed to be based soley on resale value.