428 ClevelandAmherst, OH 44001

  • Gas stations
  • 1,357 SF
Off market
$2,104,040 Estimated

Property Details for 428 Cleveland

Year built
1959
Lot size
0.21 AC
Property size (Sq ft)
1,357 SF
Property type
Gas stations
APN
05-00-023-118-001
APU
500023118001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $301,542
    6.5%
    $278,346
    7%
    $258,464
  • Comparable approach

    Method
    Valuation
    Relative Method
    $132,011
    Geo Method
    $132,011
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $567,498
    Mixed-Use / Specialty
    $267,374
    Hospitality / Lodging
    $183,171
    Office
    $255,391
    Institutional / Educational
    $274,395
    Residential Income
    $321,042
    Multifamily
    $440,365
    Automotive / Energy
    $235,196
    Parking / Income-Based Land
    $91,022.80
    Restaurant / Food Service
    $117,765
    Healthcare / Senior Housing
    $284,421

Location Insight

City
Amherst
County
Lorain
State
Ohio
Latitude
41.4004
Longitude
-82.2222
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, 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
$1,945
$20,748
$11,977
$32,725
-
$59,280
$34,220
$93,500

FAQs

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