1588 WoosterRocky River, OH 44116

  • Auto shops
  • 6,475 SF
Off market
$1,950,400 Estimated

Property Details for 1588 Wooster

Year built
1925
Construction
WOOD
Lot size
0.19 AC
Property size (Sq ft)
6,475 SF
Zone code
GB
Property type
Auto shops
APN
301-20-022
APU
30120022

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,438,820
    6.5%
    $1,328,140
    7%
    $1,233,280
  • Comparable approach

    Method
    Valuation
    Relative Method
    $629,898
    Geo Method
    $629,898
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,707,850
    Mixed-Use / Specialty
    $1,275,790
    Hospitality / Lodging
    $874,010
    Office
    $1,218,610
    Institutional / Educational
    $1,309,290
    Residential Income
    $1,531,870
    Multifamily
    $2,101,230
    Automotive / Energy
    $1,122,250
    Parking / Income-Based Land
    $434,320
    Restaurant / Food Service
    $561,923
    Healthcare / Senior Housing
    $1,357,130

Location Insight

City
Rocky River
County
Cuyahoga
State
Ohio
Latitude
41.4817
Longitude
-81.8336
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
$5,803
$47,640
$11,900
$59,540
-
$136,100
$34,000
$170,100

FAQs

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