As you can see, the older buildings have a value 212% higher per square foot than the new Walgreens. The city collects $51,284 dollars in property tax on the older buildings compared to $26,013 from the new Walgreens. The older buildings also contain 15 businesses and an unknown number of second story apartments, which enhance the overall walkability of the neighborhood, while the blank wall of the Walgreens provides nothing for pedestrians.