News

Actions

Rising property taxes impacting lower Broadway businesses

Rising property taxes impacting lower Broadway businesses
Posted

NASHVILLE, Tenn. (WTVF) — Homeowners aren't alone in facing skyrocketing property taxes in Nashville. Re-appraisals in 2025 have some business owners re-evaluating.

Tom Morales with ACME Feed & Seed on Lower Broadway told NewsChannel 5 his property tax bill went from $129,000 dollars last year to $600,000 this year.

And this comes at a time when he says business is changing on lower broadway. He told us he ended 2025 "in the red" by a half million dollars.

Mayor Freddie O'Connell did speak to this issue recently saying a review by the state comptroller determined the valuations do, indeed, reflect market value and acknowledge that will be a challenge for some business owners.

Carrie: https://ewscripps.brightspotcdn.com/2e/72/be0f23854c54a228c9d6138c9847/carrie-recommends-header.png

Rhori: https://ewscripps.brightspotcdn.com/5b/25/a224d13d47739165c92b94e643db/rhori-recommends-header.png

Eugene: https://ewscripps.brightspotcdn.com/7b/09/9eaf788d46f580c4234978610d60/screenshot-2026-04-29-at-12-11-52-pm.png

Lelan: https://ewscripps.brightspotcdn.com/af/54/833bf879454097a398bd44f723de/lelan-recommends.png

Nikki-Dee: https://ewscripps.brightspotcdn.com/e1/b4/685a931d4182b82d9322d496fa15/screenshot-2026-04-15-at-12-01-18-pm.png

Henry: https://ewscripps.brightspotcdn.com/f7/31/2e3894bf45d9a1668f1ccc56b9f6/screenshot-2026-04-15-at-12-01-00-pm.png

Katie: https://ewscripps.brightspotcdn.com/77/55/afe9375249a4b9e058e4b2c3d2ea/screenshot-2026-04-15-at-12-00-46-pm.png

Brittany: https://ewscripps.brightspotcdn.com/67/90/788e5c364f00baabf9c5edae87e2/screenshot-2026-04-15-at-12-00-06-pm.png

Jennifer: https://ewscripps.brightspotcdn.com/e4/1e/9771c0824888a0fd87b2a1030979/screenshot-2026-04-15-at-12-02-19-pm.png

Students help relaunch donation drive for Monroe Carell Jr. Children's Hospital at Vanderbilt

Young or old, we all love to play board and card games! Those games become even more important when you are indoors and don't have the ability to get outside, like patients in a hospital. Austin Pollack shares the story of students in a Nashville family who have helped re-launch the Red Wagon project to collect games for patients at the Monroe Carell Jr. Children's Hospital at Vanderbilt.

- Lelan Statom