6055 Park SqLorain, OH 44053

  • Healthcare properties
  • 5,760 SF
Off market
$315,965 Estimated

Property Details for 6055 Park Sq

Year built
2001
Lot size
1.15 AC
Property size (Sq ft)
5,760 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
05-00-020-000-077
APU
500020000077

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,036,224
    6.5%
    $956,514
    7%
    $888,192
  • Comparable approach

    Method
    Valuation
    Relative Method
    $538,790
    Geo Method
    $538,790
  • Alternative Use

    Use
    Valuation
    Residential
    $1,186,077
    Hospitality
    $1,086,440
    Educational
    $903,906
    Medical
    $934,992
    Retail
    $1,406,076
6055 Park Sq, Lorain, Ohio

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4141
Longitude
-82.2373
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $226,135
  • Assessed land value
    $34,993
  • Assessed value
    $261,128
  • Tax year
    2023
  • Tax bill
    $15,929

FAQs

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