20465 RoyaltonStrongsville, OH 44149

  • Retail properties
  • 5,314 SF
Off market
$391,314 Estimated

Property Details for 20465 Royalton

Year built
2005
Construction
WOOD
Lot size
5.78 AC
Property size (Sq ft)
5,314 SF
Zone code
R1-75
Property type
Retail properties
Property subtype
Retail space
APN
393-16-001
APU
39316001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,483,391
    6.5%
    $1,369,284
    7%
    $1,271,478
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,252,620
    Method 2
    $1,252,620
  • Alternative Use

    Use
    Valuation
    Residential
    $1,155,042
    Hospitality
    $1,058,013
    Educational
    $880,254
    Medical
    $910,527
    Retail
    $1,369,284
20465 Royalton, Strongsville, Ohio

Location Insight

City
Strongsville
County
Cuyahoga
State
Ohio
Latitude
41.3112
Longitude
-81.8519
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $161,700
  • Assessed land value
    $161,700
  • Assessed value
    $323,400
  • Tax year
    2023
  • Tax bill
    $26,424

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