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Originally Posted by Bill14564

I'd like to know more about that campground. Looking at one of the RV parks near here, they were assessed on about 20% of their area. Don't know if that was some equation for RV parks or if they have only developed 20% of their land for use in the business.

In any case, to get an assessment of $490,000 (I saw that number somewhere) at $0.53/sq ft that works out to be 925,000sq ft. If that was an RV park and assessed on only 20% of the land then that would be a 100acre RV park. $490,000 is a lot of money but a 100acre (4.3M sq ft) business is a fairly large business.

It bothers me that (IF I AM CORRECT) Grand Traverse plaza pays exactly the same $124 that I do. This 100acre RV park would also pay $124 (or possibly $248 if it is actually two parks). The residential properties appear to be subsidizing the commercial properties.

But, I also recognize that $0.539/sq ft is a very large number. At $323.64 a 2,000sq ft home would pay about $0.16/sq ft. Perhaps the proposal shifted the pendulum too far to the other side.

I still wonder what The Villages would have paid. Their sales, design and retail sections alone equated to more than anyone else.