500 SO BROAD ST
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Location
500 SO BROAD ST
Mblu
0805/ 0311/ 001D/ 0000/
Acct#
13490
Owner
MERIDEN BUSINESS PARK LLC
Total Market Value
$8,125,900
Appraisal
$11,608,400
PID
13490
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$9,191,400$2,417,000$11,608,400
Assessment
Valuation YearImprovementsLandTotal
2025$6,434,000$1,691,900$8,125,900

Owner of Record
OwnerMERIDEN BUSINESS PARK LLC
Co-Owner
Address4020 KINROSS LAKES PKWY STE 200
RICHFIELD, OH 44286
Sale Price$6,625,000
Book & Page 2491/344
Sale Date08/13/1999
Instrument99
QualifiedU

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
MERIDEN BUSINESS PARK LLC$6,625,0002491/3449908/13/1999

Building Information
Building 1 : Section 1
Year Built: 1957
Living Area: 126,204
Replacement Cost: $10,474,863
Building Percent Good: 27
Replacement Cost
Less Depreciation:

$2,828,200
Building Attributes
FieldDescription
StyleOffice
ModelComm/Ind
GradeC-
Stories2
Occupancy7
Exterior Wall 1Brick
Exterior Wall 2Stucco/Masonry
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall
Interior Wall 2Conc Blk
Interior Floor 1Vinyl
Interior Floor 2Concrete
Heat FuelGas
Heat TypeForced Hot Air
AC TypeCentral
Bldg UseIndustrial
Total Rooms 
Total Bedrooms 
Total Full Bath(s)0
Total Half Bath(s)6
Extra Fixture(s)0
Fireplace(s)0
Extra Opening(s) 
Gas Fireplace(s) 
WS Flues0
Heat/ACHT/AC PACKAGE
FrameMasonry
Baths/PlumbingAverage
Ceiling/Wall05
Rooms/Prtns02
Wall Height10.00
% Sprinkled0
1st Floor Use 
Bsmt Garage0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFIRST FLOOR 82,500 82,500
FUSFINISHED UPPER STORY 43,704 43,704
FOPOPEN PORCH 774 0
UBMUBM 8,556 0
USTUNFINISHED UTILITY AREA 7,816 0
   143,350 126,204
Building 2 : Section 1
Year Built: 1963
Living Area: 289,520
Replacement Cost: $23,968,371
Building Percent Good: 24
Replacement Cost
Less Depreciation:

$5,752,400
Building Attributes : Bldg 2 of 2
FieldDescription
StyleOffice
ModelComm/Ind
GradeC-
Stories2
Occupancy7
Exterior Wall 1Brick
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall
Interior Wall 2Conc Blk
Interior Floor 1Vinyl
Interior Floor 2 
Heat FuelGas
Heat TypeForced Hot Air
AC TypeCentral
Bldg UseIndustrial
Total Rooms 
Total Bedrooms 
Total Full Bath(s)0
Total Half Bath(s)6
Extra Fixture(s)0
Fireplace(s)0
Extra Opening(s) 
Gas Fireplace(s) 
WS Flues0
Heat/ACHT/AC PACKAGE
FrameMasonry
Baths/PlumbingAverage
Ceiling/Wall05
Rooms/Prtns02
Wall Height12.00
% Sprinkled100
1st Floor Use 
Bsmt Garage0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFIRST FLOOR 134,920 134,920
FUSFINISHED UPPER STORY 134,920 134,920
WHSWAREHOUSE 19,680 19,680
FOPOPEN PORCH 278 0
LDKLDK 1,433 0
UBMUBM 3,520 0
USTUNFINISHED UTILITY AREA 972 0
   295,723 289,520

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
ELV2ELEVATOR FRGHT1.00 STOP$8,600$6,0002
ELV2ELEVATOR FRGHT1.00 STOP$8,600$6,0002
ELV2ELEVATOR FRGHT3.00 STOP$29,200$20,4001
LDL1LOAD LEVELERS6.00 UNIT$4,700$3,3001
ELV2ELEVATOR FRGHT3.00 STOP$29,200$20,4001
CGENCOMM GENERATOR1.00 UNIT$0$01

Land
Land Use
Use Code301
DescriptionIndustrial  
Neighborhood
Land Line Valuation
Size (Acres)24.05
Total Market Land$1,691,900
Appraised Value$2,417,000

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed ValueBldg #
GBTGUARD BOOTH1.00 UNITS$1,500$1,1001
TWR2CELL TWR 2 CARRIERS1.00 UNITS$103,100$72,2001
PAV1PAVING350000.00 S.F.$376,300$263,4001
FN2FENCE-6' CHAIN5000.00 L.F.$42,500$29,8001
SHD1SHED288.00 S.F.$3,600$2,5002
SHD1SHED280.00 S.F.$3,500$2,5002
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$4,070,000$2,961,500$7,031,500
2023$4,070,000$2,961,500$7,031,500

Assessment
Valuation YearImprovementsLandTotal
2024$2,849,000$2,073,050$4,922,050
2023$2,849,000$2,073,050$4,922,050

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