7260 RoyalviewParma, OH 44129

  • Healthcare properties
  • 7.02 AC
Off market
$287,472 Estimated

Property Details for 7260 Royalview

Lot size
7.02 AC
Zone code
SF-AA
Property type
Healthcare properties
Property subtype
Assisted living facilities
APN
455-16-001
APU
45516001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $53,740,072
    6.5%
    $49,606,220
    7%
    $46,062,920
  • Comparable approach

    Method
    Valuation
    Relative Method
    $32,873,482
    Geo Method
    $32,873,482
  • Alternative Use

    Use
    Valuation
    Residential
    $62,927,584
    Hospitality
    $57,641,328
    Educational
    $47,956,908
    Medical
    $49,606,220
    Retail
    $74,599,632
7260 Royalview, Parma, Ohio

Location Insight

City
Parma
County
Cuyahoga
State
Ohio
Latitude
41.3687
Longitude
-81.7391
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed land value
    $237,580
  • Assessed value
    $237,580
  • Tax year
    2023
  • Tax bill
    $20,385

FAQs

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