2049798-Petition.pdf
Kj Property Group LLC Petitioner Vs. City Of Troy Respondent · 26-001263-TT
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Page 1 of 4 STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL KJ PROPERTY GROUP, LLC, Petitioner, Docket No. 26- v. Parcel No. 88-20-10-477-049 CITY OF TROY, Respondent. Jason C. Long (P59244) Jerome P. Pesick (P29039) WILLIAMS, WILLIAMS, RATTNER & PLUNKETT, PC 380 N. Old Woodward Ave., Ste. 300 Birmingham, MI 48009 (248) 642-0333 Attorneys for Petitioner Entire Tribunal Property Tax Petition Petitioner KJ Property Group, LLC, by and through its attorneys, Williams Williams Rattner & Plunkett, PC, states as follows for its Entire Tribunal Property Tax Petition. The Parties 1. Petitioner KJ Property Group, LLC, is a Michigan limited liability company with its registered offices located at 27950 Orchard Lake Road, Suite 110, Farmington Hills, Michigan 48334. 2. Respondent City of Troy is a Michigan municipal corporation with its principal offices located at 500 W. Big Beaver Road, Troy, Michigan 48084.
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Page 2 of 4 The Subject Property 3. Petitioner owns property identified as Parcel No. 88-20-10-477-049 and commonly known as 5027-5137 Rochester Road, Troy, Michigan 48085 (the “Subject Property”). 4. The Subject Property is located in Oakland County and is within the Troy Public School District. 5. To Petitioner’s knowledge, the Subject Property was designed for, and is presently used for, retail purposes. The 2026 Property Tax Assessment 6. Respondent possesses jurisdiction to assess and collect property taxes for the Subject Property. 7. For the 2026 tax year, Respondent classified the Subject Property as commercial real property. 8. For the 2026 tax year, Respondent established the Subject Property’s assessment for property taxes in the following amounts: True Cash Value Assessed Value Taxable Value $9,822,020 $4,911,010 $4,880,890 A copy of the 2026 Notice of Assessment for the Subject Property is attached to this Petition as Exhibit A. 9. Petitioner contends that a lawful assessment of the Subject Property for the 2026 tax year cannot exceed the following amounts: Assessed Value Taxable Value True Cash Value $8,000,000 $4,000,000 $4,000,000
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Page 3 of 4 10. The amounts in dispute therefore are as follows: Assessed Value Taxable Value True Cash Value $1,822,020 $911,090 $880,890 11. This Petition presents issues involving the Subject Property’s valuation for property tax assessment purposes. Petitioner does not believe that this Petition presents any issues arising out of “additions” or “losses” as the General Property Tax Act, MCL 211.1 et seq. (the “GPTA”), defines those terms, but reserves its right to assert issues involving losses should information supporting such issues become available. 12. The Subject Property’s 2026 assessment (a) violates the Michigan Constitution, the GPTA, and other Michigan law, (b) is based on erroneous principles and information, (c) is based on the misapplication of valuation principles, and (d) otherwise violates Petitioner’s rights. 13. Petitioner does not assert that the Subject Property’s 2026 assessment is not uniform aside from the lack of uniformity resulting from Respondent overestimating the Subject Property’s values. Conclusion and Request for Relief WHEREFORE, Petitioner respectfully requests that this honorable Tribunal enter judgment revising the Subject Property’s 2026 assessment to amounts that do
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Page 4 of 4 not exceed the values set forth in Paragraph 9 and granting Petitioner all other relief to which it is entitled under Michigan law. Respectfully Submitted, WILLIAMS WILLIAMS RATTNER & PLUNKETT, PC By: /s/ Jason C. Long Jason C. Long (P59244) Jerome P. Pesick (P29039) Dated: May 22, 2026 Attorneys for Petitioner
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Exhibit A
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Michigan Department of Treasury, 1019 (Rev. 10-25) THIS IS NOT A TAX BILL Notice of Assessment, Taxable Valuation, and Property Classification This form is issued under the authority of Public Act 206 of 1893, Sec. 211.24c and Sec.211.34c, as amended. This is a model assessment notice to be used by the local assessor. 28135 FROM CITY OF TROY ASSESSING DEPT KELLY M. TIMM 500 W BIG BEAVER ROAD TROY, MICHIGAN 48084-5254 PARCEL IDENTIFICATION PARCEL NUMBER: 88-20-10-477-049 PROPERTY ADDRESS: 5027 ROCHESTER -5137 TROY, MI 48085-3425 SCHOOL DISTRICT CODE: 63150 OWNER'S NAME & ADDRESS/PERSON NAMED ON ASSESSMENT ROLL: EXEMPTIONS , ws % Exempt As “Homeowners Principal Residence": 00% *x+4x*pAUTO**ALL FOR AADC 480 TAS Pl ### % Exempt As "Qualified Agricultural Property”: 00% NES Sr oe STE 360 % Exempt As "MBT Industrial Personal": 09% FARMINGTON HILLS, MI 48335-2882 % Exempt As "MBT Commercial Personal™: .00% RUPLI 00 LY ee ee UL FUTUR JR a Exempt As "Disabled Veteran or Survivin (TTR SE TR TTR TR RR Exempt 9 [ves []N Exempt As "Qualified Forest Property": O Yes [X] N Exempt As "Development Property": [Yes [X N LEGAL DESCRIPTION: _ _ T2N, R11E, SEC 10 CRYSTAL SPRINGS SUB. LOT 1 EXC ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 201 Commercial PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 201 Commercial PRIOR AMOUNT CURRENT TENTATIVE CHANGE FROM \ : PRIOR YEAR[TO YEAR: 2025 AMOUNT YEAR: - 3096 CURRENT YEAR 1. TAXABLE VALUE: 4,752,580 4,880,890 128,310 2. ASSESSED VALUE: _azszseo| agro] gan 3. TENTATIVE EQUALIZATION FACTOR: 1.000 Belo, EE a EE a = 4. STATE EQUALIZED VALUE (SEV): 4,752,580 4,911,010 158,430 5. WAS THERE A TRANSFER OF OWNERSHIP IN2025 THAT RESULTED IN A TAXABLE VALUE UNCAPPING? [Yes No 6. Assessor Change Reason(s): Market Adjustment The 2026 Inflation rate Multiplier is: 1.027 Questions regarding the Nofice of Assessment, Taxable Valuation, and Property Classification may be directed to the Following: Name: 3 Telephone Number: KELLY M. TIMM (248) 524-3311 Email Address: CITYASSESSOR@TROYMI.GOV March Board of Review Appeal Information. The Board of Review will meet at the following dates and times: *THE MARCH BOARD OF REVIEW WILL BE MEETING ON TUESDAY, MARCH 3RD, 2026 FROM 10AM-12PM FOR AN ORGANIZATIONAL MEETING. *THE BOARD OF REVIEW WILL BE IN SESSION TO HEAR APPEALS ON THE FOLLOWING DATES: MONDAY, MARCH 9TH, 2026 (9AM-4PM), TUESDAY, MARCH 10TH, 2026 (1PM-9PM), WEDNESDAY, MARCH 11TH, 2026 (3PM-9PM) AND THURSDAY, MARCH 12TH, 2026 (9AM-12PM). *APPOINTMENTS ARE NECESSARY TO APPEAL YOUR ASSESSMENT AND MUST BE SCHEDULED NO LATER THAN 9:00AKI ON THURSDAY, MARCH 12TH, 2026. PLEASE CALL (248) 524-3311 TO SCHEDULE AN APPOINTMENT.