181 Water TowerMadison, OH 44057
- Hospitality properties
- 55,564 SF
Off market
$43,401,460 Estimated
Property Details for 181 Water Tower
- Year built
- 2018
- Construction
- WOOD
- Lot size
- 4.33 AC
- Property size (Sq ft)
- 55,564 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
- APN
- 02-A-002-0-00-028-0
- APU
- 02A0020000280
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $11,353,744
- 6.5%
- $10,480,379
- 7%
- $9,731,780
-
Comparable approach
- Method
- Valuation
- Relative Method
- $12,214,023
- Geo Method
- $12,214,023
-
Alternative Use
- Use
- Valuation
- Residential
- $11,441,529
- Hospitality
- $10,480,379
- Educational
- $8,719,552
- Medical
- $9,019,431
- Retail
- $13,563,748
181 Water Tower, Madison, Ohio
Location Insight
- City
- Madison
- County
- Lake
- State
- Ohio
- Latitude
- 41.7595
- Longitude
- -81.0498
- 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
$48,059
$99,710
$476,180
$575,890
-
$284,880
$1,360,500
$1,645,380
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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