5901 RoyaltonBroadview Heights, OH 44147

  • Healthcare properties
  • 49,470 SF
Off market
$4,023,262 Estimated

Property Details for 5901 Royalton

Year built
2015
Construction
TYPE NOT SPECIFIED
Lot size
6.61 AC
Property size (Sq ft)
49,470 SF
Zone code
E-1
Property type
Healthcare properties
Property subtype
Medical offices
APN
583-24-005
APU
58324005

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,408,063
    6.5%
    $8,684,365
    7%
    $8,064,054
  • Comparable approach

    Method
    Valuation
    Method 1
    $4,627,424
    Method 2
    $4,627,424
  • Alternative Use

    Use
    Valuation
    Residential
    $10,768,613
    Hospitality
    $9,863,992
    Educational
    $8,206,726
    Medical
    $8,488,967
    Retail
    $12,766,017
5901 Royalton, Broadview Heights, Ohio

Location Insight

City
Broadview Heights
County
Cuyahoga
State
Ohio
Latitude
41.3187
Longitude
-81.6468
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $2,848,620
  • Assessed land value
    $476,390
  • Assessed value
    $3,325,010
  • Tax year
    2023
  • Tax bill
    $310,939

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