47117 State Rte 18Wellington, OH 44090

  • Retail properties
  • 11,321 SF
Off market
$289,086 Estimated

Property Details for 47117 State Rte 18

Year built
1976
Lot size
9.18 AC
Property size (Sq ft)
11,321 SF
Property type
Retail properties
Property subtype
Other automotive properties
APN
18-00-034-000-023
APU
1800034000023

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,148,734
    6.5%
    $2,906,524
    7%
    $2,698,915
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,668,595
    Geo Method
    $2,668,595
  • Alternative Use

    Use
    Valuation
    Residential
    $2,451,762
    Hospitality
    $2,245,800
    Educational
    $1,868,480
    Medical
    $1,932,740
    Retail
    $2,906,524
47117 State Rte 18, Wellington, Ohio

Location Insight

City
Wellington
County
Lorain
State
Ohio
Latitude
41.1684
Longitude
-82.238
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $194,789
  • Assessed land value
    $44,125
  • Assessed value
    $238,914
  • Tax year
    2023
  • Tax bill
    $14,485

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