Four-Unit Warehouse
For Sale
Contact for pricing
7686 Saint Clair Ave, Mentor, OH 44060
Multi-suite industrial property with dock access, overhead doors, on-site parking, and convenient connections to major routes.
Property Size14,000 SF
Price / SF$104.06
Days on Market334
Property Features for 7686 Saint Clair Ave
General Information
Standard status
Active
Size
14,000 SF
Total Parking Spaces
30
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
12 ft
Dock-High Doors
1
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Building Details
Building Size
14,000 SF
Listing Agency:
RealtyNet, Inc.
(440) 221-0819
Listed By:
Vic Cizek
Source:
Moodyscre
Added: Nov 17, 2025
Changed: Oct 2
Last Checked: Oct 16 at 12:04PM
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 RealtyNet, Inc.
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Investment Insights
Based on property information with market context.
This warehouse property contains four approximately 3,500-square-foot units within a 14,000-square-foot building. Each unit is configured for industrial occupancy, with 10' W x 10' H overhead doors serving the facility. The building also includes one loading dock, approximately 12' of clear ceiling height, and a wet sprinkler system. Three units are currently leased.
Approximately 30 parking spaces are available on site, with overflow parking also available. The property is located on Saint Clair Ave in Mentor, with access to Route 20, Route 2, and I-90. Route 20 provides a connection to Tyler Blvd via Saint Clair.
Approximately 30 parking spaces are available on site, with overflow parking also available. The property is located on Saint Clair Ave in Mentor, with access to Route 20, Route 2, and I-90. Route 20 provides a connection to Tyler Blvd via Saint Clair.
Key Highlights
- Four approximately 3,500‑square‑foot warehouse units in a 14,000‑square‑foot building
- Three of the four units are leased
- 10' W x 10' H overhead doors and one loading dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,375
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,347,500
$1.3M
Cap Rate 7%
$962,500
$962.5K
Cap Rate 9%
$748,611
$748.6K
Market Conditions
NOI Build-Up for 14,415 SF
Gross rent
$82.3K $5.71/SF
− Vacancy
−$3.0K −$0.21/SF
EGI
$79.3K $5.50/SF
− OpEx
−$11.9K −$0.82/SF
NOI
$67.4K $4.67/SF
Area
Lake County, OH
Vacancy
3.70%
Lease Rate
$5.71 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,347,500
Cap Rate 7%
$962,500
Cap Rate 9%
$748,611
Alternative Uses
Best Use
Warehouse
$962.5K
$842.2K – $1.12M
NOI $67,375 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.33M
$2.91M – $3.88M
NOI $233,054 @ 7.0% cap · market cap 15.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
12 ft
Clear height
1
Dock-high doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,060
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44060, OH
60,360
Population
27,276
Households
2.2
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
39.9 sq mi
ZIP Area
1,513
Density / Sq Mi
$85,881
Median Household Income
$51,736
Median Earnings
$1,156
Median Rent
$227,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Space Shop Self Storage — 7868 Reynolds Rd, Mentor, OH 44060
- Extra Space Storage — 7679 Mentor Ave, Mentor, OH 44060, United States
- Alexander Moving Company — 7480 Clover Ave, Mentor, OH 44060
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-suite industrial property with dock access, overhead doors, on-site parking, and convenient connections to major routes.
Where is this warehouse located?
The property is located at 7686 Saint Clair Ave Mentor, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four approximately 3,500‑square‑foot warehouse units in a 14,000‑square‑foot building; Three of the four units are leased; 10' W x 10' H overhead doors and one loading dock
