AEI Net Lease Income & Growth Fund v. Erie County Board of Revision

{¶ 1} AEI Net Lease Income & Growth Fund (“AEI”) purchased the property at issue — a 1.3123-acre parcel improved with a 5,268-square-foot Applebee’s restaurant — on May 12, 2004, for a price .of $2,788,658. AEI appeals from a decision of the Board of Tax Appeals (“BTA”), in which the BTA affirmed the board of revision (“BOR”) and adopted the sale price as the value of the property for tax year 2004. In its notice of appeal and merit brief, AEI advanced a number of arguments that have since been resolved against its position by this court. Cummins Property Servs., L.L.C. v. Franklin Cty. Bd.…