4401 MayfieldSouth Euclid, OH 44121

  • Retail properties
  • 71,444 SF
For Sale
$22,795,000 View listing

Property Details for 4401 Mayfield

Year built
1985
Construction
TYPE NOT SPECIFIED
Lot size
6.70 AC
Property size (Sq ft)
71,444 SF
Zone code
C-1
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
703-03-061
APU
70303061

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,893,572
    6.5%
    $17,440,220
    7%
    $16,194,490
  • Comparable approach

    Method
    Valuation
    Method 1
    $16,840,836
    Method 2
    $16,840,836
  • Alternative Use

    Use
    Valuation
    Residential
    $14,711,478
    Hospitality
    $13,475,635
    Educational
    $11,211,570
    Medical
    $11,597,153
    Retail
    $17,440,220
4401 Mayfield, South Euclid, Ohio

Location Insight

City
South Euclid
County
Cuyahoga
State
Ohio
Latitude
41.5214
Longitude
-81.5215
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,406,440
  • Assessed land value
    $786,560
  • Assessed value
    $2,193,000
  • Tax year
    2023
  • Tax bill
    $310,937

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