50 Prospect StNorwalk, OH 44857
- Turn key restaurants
- 2,550 SF
For Sale
$1,400,000
View listing
Property Details for 50 Prospect St
- Year built
- 1880
- Lot size
- 0.53 AC
- Property size (Sq ft)
- 2,550 SF
- Property type
- Turn key restaurants
- APN
- 33-0210-11-004-0000
- APU
- 330210110040000
Description
This exceptional turnkey business opportunity presents the chance to acquire a well-established and beloved restaurant located at 50 N PROSPECT Street, Norwalk, OH. This isn't just a business
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $555,732
- 6.5%
- $512,983
- 7%
- $476,341
-
Comparable approach
- Method
- Valuation
- Relative Method
- $248,068
- Geo Method
- $248,068
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,007,240
- Mixed-Use / Specialty
- $508,376
- Hospitality / Lodging
- $369,362
- Office
- $502,462
- Institutional / Educational
- $527,513
- Residential Income
- $617,190
- Multifamily
- $755,628
- Automotive / Energy
- $452,154
- Parking / Income-Based Land
- $158,778
- Restaurant / Food Service
- $258,480
- Healthcare / Senior Housing
- $524,179
Location Insight
- City
- Norwalk
- County
- Huron
- State
- Ohio
- Latitude
- 41.2449
- Longitude
- -82.6145
- CBSA code
- 35940
- CBSA name
- NORWALK, OH MICROPOLITAN 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
$2,172
$10,590
$32,900
$43,490
-
$30,270
$94,010
$124,280
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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