4040 ElyriaLorain, OH 44055

Property Details for 4040 Elyria

Year built

1945

Lot size

0.41 AC

Property size (Sq ft)

9,369 SF

Property type

Retail properties

Property subtype

Retail space

APN

03-00-103-118-040

APU

300103118040

• CAP approach

  CAP return

  Valuation

  6%

  $2,477,659

  6.5%

  $2,287,070

  7%

  $2,123,708

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,208,468

  Geo Method

  $2,208,468

• Alternative Use

  Use

  Valuation

  Residential

  $1,929,229

  Hospitality

  $1,767,163

  Educational

  $1,470,259

  Medical

  $1,520,824

  Retail

  $2,287,070

Location Insight

City

Lorain

County

Lorain

State

Ohio

Latitude

41.4321

Longitude

-82.1602

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $47,257
• Assessed land value
  $11,722
• Assessed value
  $58,979
• Tax year
  2023
• Tax bill
  $3,960

FAQs

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