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    Established Medical Practice For Sale Title is generated by Realmo AI

    7439 Tyler Blvd, Mentor, OH

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    Medical practice with equipment and staff on high-traffic street.

    Type:OFFICE
    Property size:
    3,335 SF
    Lot size:
    0.83 Acres
    Price / SF:
    $142/SF
    Added:
    May 7, 2025
    Days on Market:
    411
    Last Refresh:
    May 20 at 9:56 pm

    Property Features for 7439 Tyler Blvd

    General Information

    Standard status
    Active
    Size
    3,335 SF
    Lot size
    0.83 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Michael DiFranco
    Michael DiFranco

    Listing agent Michael DiFranco

    Listing office DiFranco Commercial Real Estate

    Listing date May 7, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of DiFranco Commercial Real Estate

    HighLights

    • Established practice in Northeast Ohio with a large client base
    • High‑traffic street location in Lake County, Ohio
    • Includes 2 exam rooms, one with a lift
    • Existing employees interested in staying
    • Equipped with laundry facilities
    • Features 2 bathrooms

    Overview

    This property, situated on a high-traffic street in Lake County, Ohio, presents an opportunity to acquire one of the oldest practices in Northeast Ohio, complete with an established client base. The 3,335-square-foot space includes two exam rooms, one equipped with a lift, along with two bathrooms and laundry facilities. Various pieces of equipment are included in the sale. The current employees have expressed interest in remaining with the practice, ensuring continuity. This property is suited for medical offices and offers various opportunities for a new owner.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $73.2k $21.96
    − Vacancy −$16.9k −$5.07
    EGI $56.3k $16.89
    − OpEx −$14.1k −$4.22
    NOI $42.2k $12.67
    3,335 SF · lease $21.96/SF/yr · vacancy 23.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $603.4K
    $528.0K – $704.0K (±1% cap)
    NOI $42,239 @ 7.0% cap · market cap 8.89%
    Second Best
    Healthcare Medical
    $531.3K
    $464.9K – $619.8K (±1% cap)
    NOI $37,189 @ 7.0% cap · market cap 7.83%
    Theoretical Best
    Office A
    $770.3K
    $674.0K – $898.6K (±1% cap)
    NOI $53,918 @ 7.0% cap · market cap 11.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Tyler Animal Clinic — 7439 Tyler Blvd, Mentor, OH 44060
    • Mastrocola Rick DVM — 7439 Tyler Blvd, Mentor, OH 44060

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.3756
    Latitude
    41.6593

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    FAQs

    What type of property is this?
    Medical Office Space - Medical practice with equipment and staff on high-traffic street.
    Where is this medical office space located?
    The property is located at 7439 Tyler Blvd Mentor, OH.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Established practice in Northeast Ohio with a large client base; High‑traffic street location in Lake County, Ohio; Includes **2 exam rooms, one with a lift**
    (216) 736-8000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael DiFranco
    Michael DiFranco
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