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.
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