6869 RivMadison, OH 44057

  • Retail properties
  • 9,820 SF
Off market
$756,976 Estimated

Property Details for 6869 Riv

Year built
2013
Lot size
8.29 AC
Property size (Sq ft)
9,820 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
01-A-042-0-00-019-0
APU
01A0420000190

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,596,927
    6.5%
    $2,397,164
    7%
    $2,225,938
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,314,778
    Geo Method
    $2,314,778
  • Alternative Use

    Use
    Valuation
    Residential
    $2,022,097
    Hospitality
    $1,852,230
    Educational
    $1,541,034
    Medical
    $1,594,032
    Retail
    $2,397,164
6869 Riv, Madison, Ohio

Location Insight

City
Madison
County
Lake
State
Ohio
Latitude
41.7445
Longitude
-81.0409
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $596,940
  • Assessed land value
    $28,660
  • Assessed value
    $625,600
  • Tax year
    2023
  • Tax bill
    $54,020

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