215 RichmondRichmond Heights, OH 44143

  • Retail properties
  • 6,700 SF
Off market
$94,622 Estimated

Property Details for 215 Richmond

Year built
1959
Construction
TYPE NOT SPECIFIED
Lot size
0.43 AC
Property size (Sq ft)
6,700 SF
Zone code
B-1
Property type
Retail properties
Property subtype
Retail space
APN
661-06-011
APU
66106011

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,771,834
    6.5%
    $1,635,539
    7%
    $1,518,715
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,579,329
    Geo Method
    $1,579,329
  • Alternative Use

    Use
    Valuation
    Residential
    $1,379,639
    Hospitality
    $1,263,742
    Educational
    $1,051,418
    Medical
    $1,087,578
    Retail
    $1,635,539
215 Richmond, Richmond Heights, Ohio

Location Insight

City
Richmond Heights
County
Cuyahoga
State
Ohio
Latitude
41.5765
Longitude
-81.4966
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $45,330
  • Assessed land value
    $32,870
  • Assessed value
    $78,200
  • Tax year
    2023
  • Tax bill
    $9,075

FAQs

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