730 FrntBerea, OH 44017

  • Retail space
  • 7,730 SF
Off market
$6,555,000 Estimated

Property Details for 730 Frnt

Year built
1977
Construction
TYPE NOT SPECIFIED
Lot size
0.65 AC
Property size (Sq ft)
7,730 SF
Zone code
G
Property type
Retail space
APN
362-03-003
APU
36203003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,717,700
    6.5%
    $1,585,570
    7%
    $1,472,310
  • Comparable approach

    Method
    Valuation
    Relative Method
    $751,987
    Geo Method
    $751,987
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,232,690
    Mixed-Use / Specialty
    $1,523,070
    Hospitality / Lodging
    $1,043,410
    Office
    $1,454,810
    Institutional / Educational
    $1,563,060
    Residential Income
    $1,828,780
    Multifamily
    $2,508,490
    Automotive / Energy
    $1,339,770
    Parking / Income-Based Land
    $518,501
    Restaurant / Food Service
    $670,836
    Healthcare / Senior Housing
    $1,620,170

Location Insight

City
Berea
County
Cuyahoga
State
Ohio
Latitude
41.3852
Longitude
-81.8527
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
$11,747
$24,960
$96,250
$121,210
-
$71,300
$275,000
$346,300

FAQs

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