135 HerrickWellington, OH 44090

  • Retail space
  • 4,710 SF
Off market
$1,903,480 Estimated

Property Details for 135 Herrick

Year built
1900
Lot size
0.19 AC
Property size (Sq ft)
4,710 SF
Property type
Retail space
APN
18-00-021-110-044
APU
1800021110044

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,310,007
    6.5%
    $1,209,237
    7%
    $1,122,863
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,110,245
    Geo Method
    $1,110,245
  • Alternative Use

    Use
    Valuation
    Residential
    $1,020,037
    Hospitality
    $934,348
    Educational
    $777,367
    Medical
    $804,102
    Retail
    $1,209,237

Location Insight

City
Wellington
County
Lorain
State
Ohio
Latitude
41.169
Longitude
-82.2163
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
$2,418
$14,851
$29,376
$44,227
-
$42,430
$83,930
$126,360

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