24265 LorainNorth Olmsted, OH 44070

  • Retail properties
  • 3,089 SF
For Lease
$11.64/SF/YR View listing

Property Details for 24265 Lorain

Year built
1957
Construction
WOOD
Lot size
0.36 AC
Property size (Sq ft)
3,089 SF
Property type
Retail properties
Property subtype
Auto shops
APN
237-04-004
APU
23704004

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $816,895
    6.5%
    $754,057
    7%
    $700,196
  • Comparable approach

    Method
    Valuation
    Method 1
    $728,142
    Method 2
    $728,142
  • Alternative Use

    Use
    Valuation
    Residential
    $636,075
    Hospitality
    $582,641
    Educational
    $484,751
    Medical
    $501,422
    Retail
    $754,057
24265 Lorain, North Olmsted, Ohio

Location Insight

City
North Olmsted
County
Cuyahoga
State
Ohio
Latitude
41.4281
Longitude
-81.8907
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $47,670
  • Assessed land value
    $35,070
  • Assessed value
    $82,740
  • Tax year
    2023
  • Tax bill
    $9,374

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