1272 Som CtrMayfield Heights, OH 44124

  • Banks
  • 4,876 SF
Off market
$14,086,350 Estimated

Property Details for 1272 Som Ctr

Year built
1994
Construction
TYPE NOT SPECIFIED
Lot size
1.41 AC
Property size (Sq ft)
4,876 SF
Zone code
U-1(1)
Property type
Banks
APN
862-17-026
APU
86217026

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,083,510
    6.5%
    $1,000,160
    7%
    $928,719
  • Comparable approach

    Method
    Valuation
    Relative Method
    $474,345
    Geo Method
    $474,345
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,039,150
    Mixed-Use / Specialty
    $960,735
    Hospitality / Lodging
    $658,174
    Office
    $917,678
    Institutional / Educational
    $985,961
    Residential Income
    $1,153,570
    Multifamily
    $1,582,330
    Automotive / Energy
    $845,109
    Parking / Income-Based Land
    $327,065
    Restaurant / Food Service
    $423,156
    Healthcare / Senior Housing
    $1,021,990

Location Insight

City
Mayfield Heights
County
Cuyahoga
State
Ohio
Latitude
41.526
Longitude
-81.4393
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
$48,011
$286,970
$244,160
$531,130
-
$819,900
$697,600
$1,517,500

FAQs

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