6877 CtrMentor, OH 44060

  • Retail properties
  • 54,471 SF
Off market
$1,297,979 Estimated

Property Details for 6877 Ctr

Year built
1979
Lot size
6.04 AC
Property size (Sq ft)
54,471 SF
Zone code
B-2
Property type
Retail properties
Property subtype
Other automotive properties
APN
16-B-040-0-00-001-0
APU
16B0400000010

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,405,013
    6.5%
    $13,296,935
    7%
    $12,347,154
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,839,948
    Geo Method
    $12,839,948
  • Alternative Use

    Use
    Valuation
    Residential
    $11,216,462
    Hospitality
    $10,274,219
    Educational
    $8,548,030
    Medical
    $8,842,010
    Retail
    $13,296,935
6877 Ctr, Mentor, Ohio

Location Insight

City
Mentor
County
Lake
State
Ohio
Latitude
41.6845
Longitude
-81.3381
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $351,440
  • Assessed land value
    $721,270
  • Assessed value
    $1,072,710
  • Tax year
    2023
  • Tax bill
    $89,274

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