32640 MilesSolon, OH 44139

  • Industrial land
  • 3,016 SF
Off market
$4,951,440 Estimated

Property Details for 32640 Miles

Year built
1870
Lot size
0.49 AC
Property size (Sq ft)
3,016 SF
Zone code
I-2
Property type
Industrial land
APN
952-18-002
APU
95218002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,366,400
    6.5%
    $1,261,290
    7%
    $1,171,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $451,387
    Geo Method
    $451,387
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $618,638
    Mixed-Use / Specialty
    $594,253
    Hospitality / Lodging
    $407,107
    Office
    $567,620
    Institutional / Educational
    $609,856
    Residential Income
    $713,532
    Multifamily
    $978,734
    Automotive / Energy
    $522,734
    Parking / Income-Based Land
    $202,303
    Restaurant / Food Service
    $261,739
    Healthcare / Senior Housing
    $632,140

Location Insight

City
Solon
County
Cuyahoga
State
Ohio
Latitude
41.3912
Longitude
-81.4475
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
$1,215
$13,340
-
$13,340
-
$38,100
-
$38,100

FAQs

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