5600 HighlandHighland Heights, OH 44143

  • Retail properties
  • 3,116 SF
Off market
$243,101 Estimated

Property Details for 5600 Highland

Year built
1930
Construction
TYPE NOT SPECIFIED
Lot size
1.30 AC
Property size (Sq ft)
3,116 SF
Zone code
L-B
Property type
Retail properties
Property subtype
Turn key restaurants
APN
822-03-001
APU
82203001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $824,035
    6.5%
    $760,648
    7%
    $706,316
  • Comparable approach

    Method
    Valuation
    Method 1
    $734,506
    Method 2
    $734,506
  • Alternative Use

    Use
    Valuation
    Residential
    $641,635
    Hospitality
    $587,734
    Educational
    $488,988
    Medical
    $505,805
    Retail
    $760,648
5600 Highland, Highland Heights, Ohio

Location Insight

City
Highland Heights
County
Cuyahoga
State
Ohio
Latitude
41.5522
Longitude
-81.4777
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $82,150
  • Assessed land value
    $118,760
  • Assessed value
    $200,910
  • Tax year
    2023
  • Tax bill
    $17,837

FAQs

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