Land Use & Zoning

A 'dark store' theory in Utah property tax appeals refers to:

AAbandoned commercial buildings
BThe argument that a big-box retailer should be valued as if vacant (like a comparable dark/vacant store)✓ Correct
CProperties deliberately kept off the market
DNighttime-only commercial operations

Explanation

The dark store theory argues that owner-occupied retail buildings should be appraised as if they were vacant dark stores comparable to recently sold empty big-box stores, which can significantly lower assessed values.

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