7450 TerminalLorain, OH 44053

  • Office properties
  • 33,229 SF
Off market

Property Details for 7450 Terminal

Year built
1958
Lot size
18.60 AC
Property size (Sq ft)
33,229 SF
Property type
Office properties
Property subtype
Office buildings
APN
01-00-010-000-006
APU
100010000006

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,977,894
    6.5%
    $5,518,056
    7%
    $5,123,910
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,108,241
    Geo Method
    $3,108,241
  • Alternative Use

    Use
    Valuation
    Residential
    $6,842,390
    Hospitality
    $6,267,592
    Educational
    $5,214,564
    Medical
    $5,393,900
    Retail
    $8,111,543
7450 Terminal, Lorain, Ohio

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4179
Longitude
-82.2786
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
-
$28,154
$111,160
$139,314
-
$80,440
$317,600
$398,040

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