1340 DepotRocky River, OH 44116

  • Office properties
  • 63,896 SF
Off market
$1,952,771 Estimated

Property Details for 1340 Depot

Year built
1988
Construction
TYPE NOT SPECIFIED
Lot size
1.58 AC
Property size (Sq ft)
63,896 SF
Zone code
GB
Property type
Office properties
Property subtype
Office buildings
APN
301-19-041
APU
30119041

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,494,885
    6.5%
    $10,610,663
    7%
    $9,852,759
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,976,832
    Geo Method
    $5,976,832
  • Alternative Use

    Use
    Valuation
    Residential
    $13,157,223
    Hospitality
    $12,051,945
    Educational
    $10,027,077
    Medical
    $10,371,923
    Retail
    $15,597,675
1340 Depot, Rocky River, Ohio

Location Insight

City
Rocky River
County
Cuyahoga
State
Ohio
Latitude
41.4831
Longitude
-81.8361
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,229,870
  • Assessed land value
    $383,990
  • Assessed value
    $1,613,860
  • Tax year
    2023
  • Tax bill
    $157,293

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