5300 RocksideIndependence, OH 44131

Property Details for 5300 Rockside

Year built

1974

Lot size

6.53 AC

Property size (Sq ft)

88,720 SF

Zone code

U-6A

Property type

Hospitality properties

Property subtype

Hotels

APN

562-32-004

APU

56232004

PT Realty Valuation

• Cap approach

  6%

  $18,128,718

  6.5%

  $16,734,202

  7%

  $15,538,902

• Alternative use approach

  Residential

  $18,268,886

  Hospitality

  $16,734,202

  Educational

  $13,922,660

  Medical

  $14,401,481

  Retail

  $21,657,470

• Comp approach

  Method 1

  $19,502,342

  Method 2

  $19,502,342

Location Insight

City

Independence

County

Cuyahoga

State

Ohio

Latitude

41.3952

Longitude

-81.6546

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $928,240
• Assessed land value
  $507,750
• Assessed value
  $1,435,990
• Tax year
  2023
• Tax bill
  $89,896

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