15401 Commerce ParkBrook Park, OH 44142

  • Office properties
  • 2,058 SF
Off market
$8,941,250 Estimated

Property Details for 15401 Commerce Park

Year built
1969
Construction
TYPE NOT SPECIFIED
Lot size
0.89 AC
Property size (Sq ft)
2,058 SF
Zone code
U5-C
Property type
Office properties
Property subtype
Office buildings
APN
343-07-159
APU
34307159

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $370,234
    6.5%
    $341,754
    7%
    $317,343
  • Comparable approach

    Method
    Valuation
    Relative Method
    $192,505
    Geo Method
    $192,505
  • Alternative Use

    Use
    Valuation
    Residential
    $423,776
    Hospitality
    $388,176
    Educational
    $322,958
    Medical
    $334,065
    Retail
    $502,379
15401 Commerce Park, Brook Park, Ohio

Location Insight

City
Brook Park
County
Cuyahoga
State
Ohio
Latitude
41.4113
Longitude
-81.8053
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
$16,853
$24,010
$178,330
$202,340
-
$68,600
$509,500
$578,100

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