32045 DetroitAvon, OH 44011

  • Turn key restaurants
  • 5,301 SF
Off market
$19,837,270 Estimated

Property Details for 32045 Detroit

Year built
1970
Lot size
1.98 AC
Property size (Sq ft)
5,301 SF
Property type
Turn key restaurants
APN
04-00-027-102-026
APU
400027102026

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,177,950
    6.5%
    $1,087,330
    7%
    $1,009,670
  • Comparable approach

    Method
    Valuation
    Relative Method
    $515,690
    Geo Method
    $515,690
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,216,880
    Mixed-Use / Specialty
    $1,044,470
    Hospitality / Lodging
    $715,541
    Office
    $997,664
    Institutional / Educational
    $1,071,900
    Residential Income
    $1,254,120
    Multifamily
    $1,720,250
    Automotive / Energy
    $918,770
    Parking / Income-Based Land
    $355,572
    Restaurant / Food Service
    $460,039
    Healthcare / Senior Housing
    $1,111,070

Location Insight

City
Avon
County
Lorain
State
Ohio
Latitude
41.4573
Longitude
-81.9698
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
$10,131
$51,975
$105,830
$157,805
-
$148,500
$302,370
$450,870

FAQs

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