5980 RocksideIndependence, OH 44131
- Turn key restaurants
- 5,732 SF
Off market
$12,322,940 Estimated
Property Details for 5980 Rockside
- Year built
- 2002
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.23 AC
- Property size (Sq ft)
- 5,732 SF
- Zone code
- U-6A
- Property type
- Turn key restaurants
- APN
- 562-17-005
- APU
- 56217005
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,273,720
- 6.5%
- $1,175,740
- 7%
- $1,091,760
-
Comparable approach
- Method
- Valuation
- Relative Method
- $557,618
- Geo Method
- $557,618
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $2,397,130
- Mixed-Use / Specialty
- $1,129,400
- Hospitality / Lodging
- $773,719
- Office
- $1,078,780
- Institutional / Educational
- $1,159,050
- Residential Income
- $1,356,090
- Multifamily
- $1,860,110
- Automotive / Energy
- $993,471
- Parking / Income-Based Land
- $384,482
- Restaurant / Food Service
- $497,443
- Healthcare / Senior Housing
- $1,201,400
Location Insight
- City
- Independence
- County
- Cuyahoga
- State
- Ohio
- Latitude
- 41.3955
- Longitude
- -81.6499
- 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
$32,281
$234,430
$281,230
$515,660
-
$669,800
$803,500
$1,473,300
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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