Whitepaper

Real Estate Tax Optimization
24 January 2025

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2 min read

Warehouse Cost Segregation Case Study

Research & Insights

Warehouse Cost Segregation Case Study

2025 Edition

Maximize Your Warehouse or Industrial Building’s Tax Strategy

What is Cost Segregation
Cost segregation is an effective tax planning strategy that helps businesses and individuals involved in constructing, purchasing, expanding, or renovating real estate reduce their tax liabilities by accelerating depreciation deductions, which allows for the deferral of both federal and state income taxes.

Warehouse or Industrial
While warehouses may not have as many visible assets compared to other sectors, they can still benefit from cost segregation, especially if they house manufacturing or distribution operations. By identifying and classifying components such as specialized equipment, racking systems, and distinct building features, owners can maximize their tax benefits and improve the financial performance of their industrial investments.

Practical Example

The following case study highlights the benefits of accelerated depreciation, demonstrating how similar advantages can be realized for warehouses with specialized infrastructure and operational systems. By optimizing the depreciation life of assets like shelving, loading docks, and HVAC systems for tax efficiency, warehouse owners can reduce taxable income, improve cash flow, and enhance the overall financial performance of the property.

Building information

Building Type 🡪 Warehouse or Industrial
Property Type: 🡪 Commercial
Building Size: 🡪 639,595 SF
Study Scope: 🡪 New Build
Condition: 🡪 New
Filling Year: 🡪 2023
Date Placed in Service: 🡪 2018
Purchase Price less Land or Total Construction Cost: 🡪 $16,073,600
Tax Rate: 🡪 30%
Return on Investment Factor: 🡪 8%

Summary of Benefits

25% Additional Tax Deductions in First Year: 🡪 $7,193,284

RNPV Over Remaining Life of Property: 🡪 $2,161,743

Net Present Value (NPV) Over 10 Years: 🡪 $2,248,612

At Leyton USA

We help companies unlock millions in funding through R&D tax credits, energy incentives, state, and local tax programs. Our experts partner with finance and executive teams to identify overlooked opportunities, improve cash flow, optimize tax positions to reinvest savings into innovation and sustainable growth.

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