129 4thLorain, OH 44052

Property Details for 129 4th

Year built

1946

Lot size

0.23 AC

Property size (Sq ft)

7,332 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

02-01-005-107-006

APU

201005107006

• CAP approach

  CAP return

  Valuation

  6%

  $1,938,968

  6.5%

  $1,789,817

  7%

  $1,661,973

• Comparable approach

  Method

  Valuation

  Method 1

  $1,728,305

  Method 2

  $1,728,305

• Alternative Use

  Use

  Valuation

  Residential

  $1,509,778

  Hospitality

  $1,382,948

  Educational

  $1,150,597

  Medical

  $1,190,168

  Retail

  $1,789,817

Location Insight

City

Lorain

County

Lorain

State

Ohio

Latitude

41.4669

Longitude

-82.1775

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $50,085
• Assessed land value
  $10,500
• Assessed value
  $60,585
• Tax year
  2023
• Tax bill
  $4,761

FAQs

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