Buckeye Terminals, L.L.C. v. Franklin Cty. Bd. of Revision (Slip Opinion)

*86 {¶ 1} This appeal involves the valuation for tax years 2011 through 2013 of a 37-acre parcel of real property located in the city of Columbus. Appellant, Buckeye Terminals, L.L.C., appeals the decision of the Board of Tax Appeals ("BTA"), which adopted $8,492,910 as the property value. The BTA based its decision on the purchase price that Buckeye Terminals reported on a June 2011 conveyance-fee statement, despite Buckeye Terminals contention that the reported price did not accurately reflect the true value of the real property. We reverse the BTA's decision and remand the matter to the BTA.

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