5544 StateParma, OH 44134

  • Office properties
  • 1,540 SF
Off market
$44,468 Estimated

Property Details for 5544 State

Year built
1962
Construction
WOOD
Lot size
0.18 AC
Property size (Sq ft)
1,540 SF
Zone code
RB
Property type
Office properties
Property subtype
Office buildings
APN
444-19-127
APU
44419127

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $277,046
    6.5%
    $255,735
    7%
    $237,468
  • Comparable approach

    Method
    Valuation
    Relative Method
    $144,052
    Geo Method
    $144,052
  • Alternative Use

    Use
    Valuation
    Residential
    $317,111
    Hospitality
    $290,472
    Educational
    $241,669
    Medical
    $249,981
    Retail
    $375,930
5544 State, Parma, Ohio

Location Insight

City
Parma
County
Cuyahoga
State
Ohio
Latitude
41.4108
Longitude
-81.7109
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $24,990
  • Assessed land value
    $11,760
  • Assessed value
    $36,750
  • Tax year
    2023
  • Tax bill
    $3,321

FAQs

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