19533 DetroitRocky River, OH 44116

  • Turn key restaurants
  • 3,588 SF
Off market
$4,116,770 Estimated

Property Details for 19533 Detroit

Year built
1978
Construction
WOOD
Lot size
0.41 AC
Property size (Sq ft)
3,588 SF
Zone code
LB
Property type
Turn key restaurants
APN
301-22-007
APU
30122007

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $797,297
    6.5%
    $735,966
    7%
    $683,397
  • Comparable approach

    Method
    Valuation
    Relative Method
    $349,046
    Geo Method
    $349,046
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,500,500
    Mixed-Use / Specialty
    $706,956
    Hospitality / Lodging
    $484,317
    Office
    $675,272
    Institutional / Educational
    $725,518
    Residential Income
    $848,857
    Multifamily
    $1,164,360
    Automotive / Energy
    $621,873
    Parking / Income-Based Land
    $240,670
    Restaurant / Food Service
    $311,379
    Healthcare / Senior Housing
    $752,029

Location Insight

City
Rocky River
County
Cuyahoga
State
Ohio
Latitude
41.48
Longitude
-81.8388
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
$14,584
$93,980
$55,650
$149,630
-
$268,500
$159,000
$427,500

FAQs

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