NFI Metro Center II Associates v. Franklin County Board of Revision

We reverse the BTA’s decision because the BTA did not support its findings on basic facts with sufficient, probative evidence of record. Strongsville Bd. of Edn. v. Cuyahoga Cty. Bd. of Revision (1997), 77 Ohio St.3d 402, 674 N.E.2d 696. In each decision, the BTA stated:

*107“[The appraisers’] methodologies diverged in their income approach analysis. Mr. Belfrage used as his starting point the actual rental income from the property. He determined that the actual rental income provided the most accurate projection of market rental income. Mr. Koon, however, used a stabilized rental figure. The…