Geoff Christian
Senior Managing Director and the National State and Local Tax Practice Leader at CBIZ
US commercial real estate property tax updates
April 24, 2026
Recent US commercial real estate property tax updates highlight a trend in increasing complexity across the country, as many states introduce new legislation, reassessment cycles, valuation caps, appeal rules, and tax incentive programmes. For commercial property owners, investors and developers, understanding these changes is essential to managing tax liabilities and protecting asset value. In this article, CBIZ expert Geoff Christian shares his insights into the challenging landscape.
This article provides a state-by-state overview of the latest commercial property tax developments affecting real estate owners in Alabama, Colorado, Florida, Georgia, Indiana, Iowa, Kansas, Kentucky, Minnesota, Missouri, Nebraska, New Mexico, North Carolina, Tennessee, Texas, Virginia and Wisconsin. It highlights key assessment deadlines, appeal windows and legislative reforms that could influence tax bills in 2026 and beyond.
Major themes include assessment caps in states such as Alabama and Texas, changing commercial assessment ratios in Colorado, the repeal of Florida’s commercial rent tax, business personal property tax reforms in Indiana, and proposed property tax overhauls in states including Iowa, Kansas and Nebraska. The article also explores how rising market values, reassessment cycles, inflation, development activity and shifting local tax policies are affecting commercial property valuations.
For many owners, the most important takeaway is the need to review tax assessments as soon as they are issued. Appeal deadlines are often short and vary by state, and once a deadline passes, the assessed value may become final for the tax year. Proactive review can help identify overassessments, support appeals, and improve long-term tax planning.
Read the full property tax article on the CBIZ website to understand the 2026 commercial real estate property tax updates by state and the steps property owners can take to manage risk, reduce exposure and prepare for future changes.
