7820 MayfieldChesterland, OH 44026

  • Grocery and convenience stores
  • 2,584 SF
Off market
$13,625,660 Estimated

Property Details for 7820 Mayfield

Year built
1960
Lot size
1.36 AC
Property size (Sq ft)
2,584 SF
Property type
Grocery and convenience stores
APN
11-181100
APU
11181100

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $574,196
    6.5%
    $530,027
    7%
    $492,168
  • Comparable approach

    Method
    Valuation
    Relative Method
    $251,376
    Geo Method
    $251,376
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,080,630
    Mixed-Use / Specialty
    $509,134
    Hospitality / Lodging
    $348,794
    Office
    $486,317
    Institutional / Educational
    $522,503
    Residential Income
    $611,328
    Multifamily
    $838,544
    Automotive / Energy
    $447,859
    Parking / Income-Based Land
    $173,326
    Restaurant / Food Service
    $224,248
    Healthcare / Senior Housing
    $541,595

Location Insight

City
Chesterland
County
Geauga
State
Ohio
Latitude
41.523
Longitude
-81.3623
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
$7,482
$57,790
$77,110
$134,900
-
$165,100
$220,300
$385,400

FAQs

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