5200 RichmondBedford Heights, OH 44146

  • Office properties
  • 3,230 SF
Off market
$698,787 Estimated

Property Details for 5200 Richmond

Year built
1961
Construction
TYPE NOT SPECIFIED
Lot size
2.47 AC
Property size (Sq ft)
3,230 SF
Zone code
I
Property type
Office properties
Property subtype
Office buildings
APN
791-02-029
APU
79102029

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $581,077
    6.5%
    $536,378
    7%
    $498,066
  • Comparable approach

    Method
    Valuation
    Relative Method
    $302,134
    Geo Method
    $302,134
  • Alternative Use

    Use
    Valuation
    Residential
    $665,109
    Hospitality
    $609,237
    Educational
    $506,878
    Medical
    $524,310
    Retail
    $788,476
5200 Richmond, Bedford Heights, Ohio

Location Insight

City
Bedford Heights
County
Cuyahoga
State
Ohio
Latitude
41.4179
Longitude
-81.4996
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $515,590
  • Assessed land value
    $61,920
  • Assessed value
    $577,510
  • Tax year
    2023
  • Tax bill
    $54,972

FAQs

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