6571-6573 BrecksvilleIndependence, OH 44131

  • Retail properties
  • 5,920 SF
Off market
$317,710 Estimated

Property Details for 6571-6573 Brecksville

Year built
1957
Construction
WOOD
Lot size
0.62 AC
Property size (Sq ft)
5,920 SF
Zone code
U-4
Property type
Retail properties
Property subtype
Banks
APN
562-08-026
APU
56208026

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,565,561
    6.5%
    $1,445,133
    7%
    $1,341,910
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,395,467
    Geo Method
    $1,395,467
  • Alternative Use

    Use
    Valuation
    Residential
    $1,219,024
    Hospitality
    $1,116,619
    Educational
    $929,014
    Medical
    $960,964
    Retail
    $1,445,133
6571-6573 Brecksville, Independence, Ohio

Location Insight

City
Independence
County
Cuyahoga
State
Ohio
Latitude
41.3833
Longitude
-81.6406
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $188,720
  • Assessed land value
    $73,850
  • Assessed value
    $262,570
  • Tax year
    2023
  • Tax bill
    $16,437

FAQs

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