3029 117thCleveland, OH 44111

  • Retail properties
  • 6,356 SF
For Sale
$3,684,210 View listing

Property Details for 3029 117th

Year built
1941
Construction
WOOD
Lot size
0.10 AC
Property size (Sq ft)
6,356 SF
Zone code
GR
Property type
Retail properties
Property subtype
Turn key restaurants
APN
005-07-003
APU
507003

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,680,862
    6.5%
    $1,551,565
    7%
    $1,440,739
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,498,241
    Geo Method
    $1,498,241
  • Alternative Use

    Use
    Valuation
    Residential
    $1,308,804
    Hospitality
    $1,198,857
    Educational
    $997,435
    Medical
    $1,031,738
    Retail
    $1,551,565
3029 117th, Cleveland, Ohio

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.47
Longitude
-81.7685
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $40,990
  • Assessed land value
    $12,460
  • Assessed value
    $53,450
  • Tax year
    2023
  • Tax bill
    $5,338

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