27230 RoyaltonColumbia Station, OH 44028

Property Details for 27230 Royalton

Year built

1995

Lot size

20.00 AC

Property size (Sq ft)

8,000 SF

Property type

Retail properties

Property subtype

Parking lots & garages

APN

12-00-085-000-014

APU

1200085000014

• CAP approach

  CAP return

  Valuation

  6%

  $2,229,382

  6.5%

  $2,057,891

  7%

  $1,910,899

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,885,766

  Geo Method

  $1,885,766

• Alternative Use

  Use

  Valuation

  Residential

  $1,735,908

  Hospitality

  $1,590,083

  Educational

  $1,322,930

  Medical

  $1,368,428

  Retail

  $2,057,891

Location Insight

City

Columbia Station

County

Lorain

State

Ohio

Latitude

41.3176

Longitude

-81.9586

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $302,512
• Assessed land value
  $66,721
• Assessed value
  $369,233
• Tax year
  2023
• Tax bill
  $25,930

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