14587 MadisonLakewood, OH 44107

  • Healthcare properties
  • 6,175 SF
Off market
$173,647 Estimated

Property Details for 14587 Madison

Year built
1950
Construction
TYPE NOT SPECIFIED
Lot size
0.34 AC
Property size (Sq ft)
6,175 SF
Zone code
C2
Property type
Healthcare properties
Property subtype
Medical offices
APN
314-18-006
APU
31418006

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,110,882
    6.5%
    $1,025,430
    7%
    $952,185
  • Comparable approach

    Method
    Valuation
    Relative Method
    $577,610
    Geo Method
    $577,610
  • Alternative Use

    Use
    Valuation
    Residential
    $1,271,533
    Hospitality
    $1,164,717
    Educational
    $969,031
    Medical
    $1,002,357
    Retail
    $1,507,381
14587 Madison, Lakewood, Ohio

Location Insight

City
Lakewood
County
Cuyahoga
State
Ohio
Latitude
41.4768
Longitude
-81.7989
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $110,430
  • Assessed land value
    $33,080
  • Assessed value
    $143,510
  • Tax year
    2023
  • Tax bill
    $15,542

FAQs

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