National and local economic factors can definitely impact real estate. 

Plus many of these midwestern states do not have as much economic impact as the densely populated costal states where we do not invest.  

The three most common approaches include:Cost approach: An estimate of the replacement cost less depreciationIncome approach: Calculation of estimated potential rental incomeSales approach: Uses comps of recent transactions on similar propertiesBe sure you are leveraging the tax incentives availableIdentify any applicable tax incentives available for commercial properties - historic tax credits in certain areas, opportunity zones, environmental sustainability, etc.Understand available tax deductions, credits, and rebates - Tax deductions decrease the taxable value of a property, tax credits directly reduce your tax liability dollar for dollar and tax rebates are a refund of taxes paid under certain conditions.Utilize a cost segregation study - Cost segregation allows you to reclassify assets into categories with shorter useful lives, therefore accelerating depreciation and creating tax savings.Leverage energy incentives and deductions - Look into the Section 179D deduction and how you can save on tax by meeting certain standards to make your property more environmentally friendly.Best practices for commercial real estate owners and monitoring their property tax regulations:Plan proactivelyWork with a professional to receive guidance on complex regulationsUtilize specialized software tools to drive efficiency and compliance.What questions do you have regarding property tax valuations?

A Quick Word on InflationLast week was a big week for economic data, most notably consumer and producer inflation data (CPI and PPI).

About inflated prices and high interest rates...I've bought my best performing properties during the worst economic cycles. 

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

Today’s economic news…heck…economic news for the last several months seem to continually be “worse than expected”.

I believe Trump's economic policies will likely lead to lower inflation, and in turn, lower rates. 

I'd recommend speaking with your tax advisor to discuss this further as what I said above may be outdated as I know the Inflation Reduction Act changed a lot of the energy credits for both individuals and businesses.

Why would anyone pour their time, energy, and wisdom into a complete stranger?