5805 RocksideIndependence, OH 44131

Property Details for 5805 Rockside

Year built

1973

Lot size

1.99 AC

Property size (Sq ft)

81,713 SF

Zone code

U-6A

Property type

Hospitality properties

Property subtype

Hotels

APN

561-22-011

APU

56122011

PT Realty Valuation

• Cap approach

  6%

  $16,696,934

  6.5%

  $15,412,555

  7%

  $14,311,658

• Alternative use approach

  Residential

  $16,826,032

  Hospitality

  $15,412,555

  Educational

  $12,823,065

  Medical

  $13,264,069

  Retail

  $19,946,990

• Comp approach

  Method 1

  $17,962,070

  Method 2

  $17,962,070

Location Insight

City

Independence

County

Cuyahoga

State

Ohio

Latitude

41.3973

Longitude

-81.6499

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $38,220
• Assessed land value
  $168,880
• Assessed value
  $207,100
• Tax year
  2023
• Tax bill
  $12,965

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