You are asked to render an opinion/analysis of the assessment and taxes on a property which your employer is about to acquire. Provide a detailed, illustrated analysis of the assessment and taxes and render an opinion of whether they are appropriate, if not, what should the assessment and taxes be. The facts are as follows: the equalization rate is 8.808%; the capitalization rate is 9%; the NOI is $1,822,999, and the tax rate is $244.282828 per $1000 of assessed value and the assessment is $88,819.
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