12300 ProspectStrongsville, OH 44149

  • Auto shops
  • 5,131 SF
Off market
$28,750,000 Estimated

Property Details for 12300 Prospect

Year built
2009
Construction
TYPE NOT SPECIFIED
Lot size
2.87 AC
Property size (Sq ft)
5,131 SF
Zone code
LB
Property type
Auto shops
APN
392-12-025
APU
39212025

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,141,160
    6.5%
    $1,053,380
    7%
    $978,134
  • Comparable approach

    Method
    Valuation
    Relative Method
    $499,152
    Geo Method
    $499,152
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,083,430
    Mixed-Use / Specialty
    $1,037,800
    Hospitality / Lodging
    $746,017
    Office
    $1,019,330
    Institutional / Educational
    $1,074,670
    Residential Income
    $1,257,370
    Multifamily
    $1,573,530
    Automotive / Energy
    $921,148
    Parking / Income-Based Land
    $329,552
    Restaurant / Food Service
    $514,549
    Healthcare / Senior Housing
    $1,076,370

Location Insight

City
Strongsville
County
Cuyahoga
State
Ohio
Latitude
41.3226
Longitude
-81.8587
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
$21,560
$89,430
$174,440
$263,870
-
$255,500
$498,400
$753,900

FAQs

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