6489 MonroeSylvania, OH 43560

  • Strip malls
  • 4,240 SF
Off market
$4,053,980 Estimated

Property Details for 6489 Monroe

Year built
1984
Lot size
0.40 AC
Property size (Sq ft)
4,240 SF
Zone code
31-B2
Property type
Strip malls
Property subtype
Neighborhood centers
APN
82-03687
APU
8203687

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $823,693
    6.5%
    $760,332
    7%
    $706,022
  • Comparable approach

    Method
    Valuation
    Relative Method
    $412,474
    Geo Method
    $412,474
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,475,160
    Mixed-Use / Specialty
    $760,675
    Hospitality / Lodging
    $562,059
    Office
    $759,337
    Institutional / Educational
    $791,887
    Residential Income
    $926,508
    Multifamily
    $1,094,270
    Automotive / Energy
    $678,760
    Parking / Income-Based Land
    $231,215
    Restaurant / Food Service
    $402,151
    Healthcare / Senior Housing
    $776,926

Location Insight

City
Sylvania
County
Lucas
State
Ohio
Latitude
41.7154
Longitude
-83.7015
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
$7,882
$7,210
$70,140
$77,350
-
$20,600
$200,400
$221,000

FAQs

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