163 NorthlandMedina, OH 44256

  • Assisted living facilities
  • 9,094 SF
Off market
$27,151,040 Estimated

Property Details for 163 Northland

Year built
2003
Lot size
2.71 AC
Property size (Sq ft)
9,094 SF
Zone code
COMMERCIAL
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
028-19A-09-029
APU
02819A09029

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,690,558
    6.5%
    $1,560,515
    7%
    $1,449,050
  • Comparable approach

    Method
    Valuation
    Relative Method
    $978,251
    Geo Method
    $978,251
  • Alternative Use

    Use
    Valuation
    Residential
    $1,979,579
    Hospitality
    $1,813,284
    Educational
    $1,508,631
    Medical
    $1,560,515
    Retail
    $2,346,759
163 Northland, Medina, Ohio

Location Insight

City
Medina
County
Medina
State
Ohio
Latitude
41.1533
Longitude
-81.8657
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
-
$102,690
$656,510
$759,200
-
$293,410
$1,875,750
$2,169,160

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