Parking lots are taxed. How much monetary value is one parking space at your place of work?
Okay, you asked for it. Let's say that you and I work at a burger shop together in McVanilla USA. The burger shop was recently transitioned from some other use so the developer had to update the parking to comply with the
ITE parking minimum generation rate like most Vanilla towns in the USA with minimum parking requirements. So before the first burger was even sold a huge capital expenditure took place to add a bunch of off street parking even though our fictitious developer never wanted it and the customer and employees never asked for it. Also, fun fact, that ITE parking generation rate is set so that parking is always free! You don't get a free burger or free beer but the city government has decided that you get free parking. This is the norm in the USA, most people don't even question it so you will be excused if you never questioned it either.
So, before our first workday, to open a burger joint:
1. A minimum parking requirement had to be met.
2. A capital expenditure had to be made to meet that minimum parking requirement (possibly demolishing an existing productive structure or farmland in the process).
But this business obviously has to make enough money to service its debt and attempt to make a profit, so what does that mean? It means that the burger prices have to be set high enough to pay for all the free parking. Which means that diners that didn't park are subsidizing diners that did. And all of that is reducing property tax revenue because parking lots don't actually have much value when assessed (why would they, it's supply and demand and we have so much supply that parking is free). But also, you as a diner already paid for the parking so you may as well drive. It's basically fucking Gosplan but the USA version because there is no free market to be seen.
So yea, perhaps there isn't much monetary value in a parking space at my work, because the government fucked with supply and demand flooding the supply side driving down prices.