25576 MlOlmsted Falls, OH 44138

  • Retail space
  • 1,300 SF
Off market
$5,233,190 Estimated

Property Details for 25576 Ml

Year built
1910
Construction
WOOD
Lot size
0.52 AC
Property size (Sq ft)
1,300 SF
Zone code
C-3
Property type
Retail space
APN
281-22-031
APU
28122031

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $288,876
    6.5%
    $266,654
    7%
    $247,608
  • Comparable approach

    Method
    Valuation
    Relative Method
    $126,466
    Geo Method
    $126,466
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $543,661
    Mixed-Use / Specialty
    $256,143
    Hospitality / Lodging
    $175,477
    Office
    $244,664
    Institutional / Educational
    $262,869
    Residential Income
    $307,557
    Multifamily
    $421,868
    Automotive / Energy
    $225,316
    Parking / Income-Based Land
    $87,199.40
    Restaurant / Food Service
    $112,818
    Healthcare / Senior Housing
    $272,474

Location Insight

City
Olmsted Falls
County
Cuyahoga
State
Ohio
Latitude
41.3745
Longitude
-81.9026
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
$6,820
$39,830
$36,400
$76,230
-
$113,800
$104,000
$217,800

FAQs

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