6785 Wallings RdNorth Royalton, OH 44133

  • Office properties
  • 9,949 SF
For Lease
$11.33/SF/YR View listing

Property Details for 6785 Wallings Rd

Year built
1951
Construction
WOOD
Lot size
0.88 AC
Property size (Sq ft)
9,949 SF
Zone code
OB
Property type
Office properties
Property subtype
Office buildings
APN
488-01-002
APU
48801002

Description

This North Royalton, Ohio property, located at 6785 Wallings Rd, offers two executive office suites for lease. Situated on a 0.99-acre lot, the single-story, Class B building was constructed in 1951 and renovated in 1997. The property features ample parking with 41 spaces available. Two suites are currently available: Suite 3-F, a 640 square foot, second-floor suite boasting two offices with natural light, a reception area, and a private restroom

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,892,072
    6.5%
    $1,746,528
    7%
    $1,621,776
  • Comparable approach

    Method
    Valuation
    Relative Method
    $930,629
    Geo Method
    $930,629
  • Alternative Use

    Use
    Valuation
    Residential
    $2,165,695
    Hospitality
    $1,983,765
    Educational
    $1,650,469
    Medical
    $1,707,231
    Retail
    $2,567,396
6785 Wallings Rd, North Royalton, Ohio

Location Insight

City
North Royalton
County
Cuyahoga
State
Ohio
Latitude
41.3244
Longitude
-81.7353
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
$20,313
$67,270
$211,860
$279,130
-
$192,200
$605,300
$797,500

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