Commercial & Industrial Properties

Moorhead offers Property Tax Exemptions (PTEs) that create new tax base and creates or retains jobs on-site. The project must be new construction or a substantial expansion/rehabilitation of an existing building and meet minimum project requirements for new building value and jobs. Only building improvements are eligible for the exemption. Land and existing improvements (unless demolished) remain taxable. Applications are accepted anytime. Due to notice and public hearing requirements, allow 6 - 8 weeks for approvals. PTEs must be approved and in place prior to any work on the project being done.

NEW BUILDING TAXABLE VALUEFULL TIME EQUIVALENT (FTE) JOBS - MINIMUM CREATED OR RETAINEDTERM OF EXEMPTION
$150,000-249,999 1 2 years
$250,000-499,999 2 3 years
$500,000-999,999 3 4 years
$1 - $1.99 million 5 5 years
$2 - 2.99 million 6 6 years
$3 - 3.99 million 7 7 years
$4 - 4.99 million 8 8 years
$5 - 5.99 million 9 9 years
$6 - 6.99 million 10 10 years
$7 - 7.99 million 11 11 years
$8 - 8.99 million 12 12 years
$9 - 9.99 million 13 13 years
$10 - 10.99 million 14 14 years
$11 - 11.99 million 15 15 years
$12 - 12.99 million 16 16 years
$13 - 13.99 million 17 17 years
$14 - 14.99 million 18 18 years
$15 - 15.99 million 19 19 years
$16 million and up 20 20 years