Emerson Network Power Energy Sys., N. Am., Inc. v. Lorain Cty. Bd. of Revision (Slip Opinion)

{¶ 1} This real-property-valuation case concerns the proper valuation for tax year 2012 of an unused office-warehouse property. The Lorain County auditor valued the property at $1,388,700, and the property owner—appellant, Emerson Network Power Energy Systems, North America, Inc. (“Emerson”)—variously sought a sale-price valuation of $50,000 and an appraisal valuation of either $450,000 or $588,000. Although the sale price was originally rejected by the Lorain County Board of Revision (“BOR”) on the grounds that the sale had not been consummated, the transfer allegedly did occur after the…