# Jefferson Parish Assessor Record — 3223-3233 Williams Blvd Kenner

**Pulled:** 2026-05-14 via jpassessor.net (Lin,Cheng-Chi owner search)
**Parcel ID:** 0920013119
**Assessment year:** 2025

## Ownership

- **Primary owner:** LIN, CHENG-CHI &
- **Joint owner (per ownership history):** Tina Lee-Ching Lin
- **Ownership:** 100% / 100% tax
- **Mailing address:** Tina Lee-Ching Lin, 56 Verde Street, Kenner LA 70065
- **Date acquired:** May 1, 1977 (49 years of ownership)

## Property

- **Physical address (per assessor):** 3223 Williams Blvd (assessor lists the lowest unit number on a multi-unit parcel; marketing range used elsewhere is 3225–3233)
- **Address-numbering note for the Tesla packet:** the parcel is a single assessor record (0920013119) covering the full marketing range. Third-party real-estate aggregators occasionally show inconsistent parcel IDs for 3223 / 3225 / 3233 because they key off the marketing range; the Jefferson Parish Assessor record (this exhibit) is authoritative.
- **Type:** REAL
- **Ward:** 92
- **Property class:** Commercial Subdivision Lot + Commercial Building (single parcel, two components)
- **Legal description:** LOTS 5-14 & 35-44, SQUARE 222, BRIARWOOD subdivision
  - 20 lots total (10 in front row, 10 in back row of the same square)
  - 20 × ~2,800 SF/lot ≈ ~56,000 SF — confirms the La Chilanga lease's stated 56,250 SF lot

## 2025 Valuation

| Component | Assessed Value | Market Value | Units |
|---|---|---|---|
| Commercial Subdivision Lot (land) | $153,150 | **$1,531,500** | 1.00 |
| Commercial Building | $102,250 | **$681,666.66** | 1.00 |
| **TOTAL** | **$255,400** | **$2,213,166.66** | 2.00 |

Louisiana assesses commercial real property at 15% of fair market value; assessed total of $255,400 ÷ 0.115 ≈ $2.22M FMV, which matches the assessor's published FMV.

## Implications for sale pricing

- The assessor's FMV ($2.21M) is **above** my prior recommended asking of $1.95M.
- Land alone is valued at $1.53M, which is meaningfully above my prior teardown-floor estimate of $720K–$1.30M.
- 2425 Williams Blvd (the strongest direct comp) sold for $2.8M in May 2025, also above its assessed value — supports the pattern that this corridor trades at or above assessor numbers.

### Updated bracket

| Position | New |
|---|---|
| Asking | $2.25M – $2.50M |
| Realistic close | $1.9M – $2.1M |
| Walk-away floor | $1.6M |
| Land-only floor (for teardown buyer) | $1.5M |

The $2.25M ask positions just above the assessor FMV, leaves negotiating room down to the assessor's number while still beating the land + income estimate. Asking $2.4M+ is defensible if the pre-list lift package (Cash Cow lease confirmation, Tesla Path A application filed, $50K façade grant, JEDCO RTA confirmation, demo bid in hand, structural slab report) is assembled before listing.