Two Sides Of The Street

An infographic titled 'Two Sides of the Same Street' compares tax and lease revenues for similar properties at Des Moines Creek Business Park. The Port of Seattle property (west of 24th Ave., 490,456 sq ft lot) has an appraised land value of $0 and pays $0 in property tax, while the adjacent private owner property (east of 24th Ave., 399,349 sq ft lot) has an appraised land value of $56,260,000 and pays $707,650 in property tax.
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