5451 BroadviewParma, OH 44134

  • Residential income homes
  • 4,056 SF
Off market
$2,511,600 Estimated

Property Details for 5451 Broadview

Year built
1951
Construction
TYPE NOT SPECIFIED
Lot size
0.25 AC
Property size (Sq ft)
4,056 SF
Zone code
RB
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
445-10-010
APU
44510010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,039,540
    6.5%
    $959,577
    7%
    $891,036
  • Comparable approach

    Method
    Valuation
    Relative Method
    $443,896
    Geo Method
    $443,896
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,696,220
    Retail / Commercial
    $831,962
    Mixed-Use / Specialty
    $799,167
    Hospitality / Lodging
    $547,488
    Office
    $763,351
    Institutional / Educational
    $820,151
    Multifamily
    $1,316,230
    Automotive / Energy
    $702,987
    Parking / Income-Based Land
    $272,062
    Restaurant / Food Service
    $351,994
    Healthcare / Senior Housing
    $850,120

Location Insight

City
Parma
County
Cuyahoga
State
Ohio
Latitude
41.4134
Longitude
-81.6931
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
$8,434
$15,300
$87,960
$103,260
-
$43,700
$251,300
$295,000

FAQs

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