14860 ChillicotheNovelty, OH 44072

  • Retail properties
  • 8,896 SF
Off market
$5,009,400 Estimated

Property Details for 14860 Chillicothe

Year built
1967
Lot size
0.50 AC
Property size (Sq ft)
8,896 SF
Property type
Retail properties
Property subtype
Retail space
APN
26-099400
APU
26099400

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,352,573
    6.5%
    $2,171,606
    7%
    $2,016,491
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,096,972
    Geo Method
    $2,096,972
  • Alternative Use

    Use
    Valuation
    Residential
    $1,831,831
    Hospitality
    $1,677,947
    Educational
    $1,396,032
    Medical
    $1,444,044
    Retail
    $2,171,606
14860 Chillicothe, Novelty, Ohio

Location Insight

City
Novelty
County
Geauga
State
Ohio
Latitude
41.4632
Longitude
-81.3404
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
$10,531
$30,490
$89,640
$120,130
-
$87,100
$256,100
$343,200

FAQs

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