5001 RoyaltonBroadview Heights, OH 44147

  • Retail properties
  • 3,544 SF
Off market
$925,989 Estimated

Property Details for 5001 Royalton

Year built
1980
Lot size
3.23 AC
Property size (Sq ft)
3,544 SF
Zone code
E-1
Property type
Retail properties
Property subtype
Turn key restaurants
APN
583-20-022
APU
58320022

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $990,762
    6.5%
    $914,550
    7%
    $849,225
  • Comparable approach

    Method
    Valuation
    Method 1
    $835,394
    Method 2
    $835,394
  • Alternative Use

    Use
    Valuation
    Residential
    $771,457
    Hospitality
    $706,650
    Educational
    $587,925
    Medical
    $608,144
    Retail
    $914,550
5001 Royalton, Broadview Heights, Ohio

Location Insight

City
Broadview Heights
County
Cuyahoga
State
Ohio
Latitude
41.3164
Longitude
-81.6516
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $568,540
  • Assessed land value
    $196,740
  • Assessed value
    $765,280
  • Tax year
    2023
  • Tax bill
    $64,991

FAQs

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