5422 AlgerSylvania, OH 43560

  • Auto shops
  • 5,864 SF
Off market
$1,132,520 Estimated

Property Details for 5422 Alger

Year built
1971
Lot size
0.11 AC
Property size (Sq ft)
5,864 SF
Zone code
31-M1
Property type
Auto shops
APN
82-82151
APU
8282151

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,139,180
    6.5%
    $1,051,550
    7%
    $976,442
  • Comparable approach

    Method
    Valuation
    Relative Method
    $570,459
    Geo Method
    $570,459
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,040,180
    Mixed-Use / Specialty
    $1,052,030
    Hospitality / Lodging
    $777,339
    Office
    $1,050,180
    Institutional / Educational
    $1,095,190
    Residential Income
    $1,281,380
    Multifamily
    $1,513,400
    Automotive / Energy
    $938,738
    Parking / Income-Based Land
    $319,774
    Restaurant / Food Service
    $556,182
    Healthcare / Senior Housing
    $1,074,500

Location Insight

City
Sylvania
County
Lucas
State
Ohio
Latitude
41.7136
Longitude
-83.6792
CBSA code
45780
CBSA name
TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,889
$2,870
$67,060
$69,930
-
$8,200
$191,600
$199,800

FAQs

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