5949 AndrewsMentor On The Lake, OH 44060

  • Retail properties
  • 7,495 SF
Off market
$11,822,230 Estimated

Property Details for 5949 Andrews

Year built
1996
Lot size
1.18 AC
Property size (Sq ft)
7,495 SF
Property type
Retail properties
Property subtype
Retail space
APN
19-A-092-0-00-027-0
APU
19A0920000270

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,982,074
    6.5%
    $1,829,607
    7%
    $1,698,921
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,766,727
    Geo Method
    $1,766,727
  • Alternative Use

    Use
    Valuation
    Residential
    $1,543,342
    Hospitality
    $1,413,693
    Educational
    $1,176,176
    Medical
    $1,216,626
    Retail
    $1,829,607
5949 Andrews, Mentor On The Lake, Ohio

Location Insight

City
Mentor On The Lake
County
Lake
State
Ohio
Latitude
41.7095
Longitude
-81.3609
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
$16,675
$110,990
$78,970
$189,960
-
$317,120
$225,630
$542,750

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