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    6520 Hopkins Rd Mentor, OH 44060

    For Sale
    $648,000

    9,774 SF Flex Building, $648K

    Property size:
    9,774 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This 9,774 square foot industrial/flex building sits on a 0.86-acre lot in Mentor, Ohio. Built in 1996, the single-story structure features 8,179 square feet of warehouse space, complemented by 1,595 square feet of office space. The main entrance includes a vestibule, reception area, conference room, and three finished offices with new HVAC. Three restrooms are also available. Loading capabilities include one dock-high door (8'x8') and one overhead door (12'x12'). Additional features include an air compressor with air lines, a quality control/testing room, and a second suite with a private entrance, open space, four offices, kitchenette, storage, and a restroom with a shower. The property boasts 505 feet of frontage on State Route 2, offering excellent visibility and accessibility. It's conveniently located near SR 2 and SR 615, providing easy access to major transportation routes. The property is zoned MI - Light Manufacturing and includes a tow motor charging station and 480-volt, 600-amp, 3-phase power. The APN is 16B056A000110. This versatile property is ideal for a variety of manufacturing and flex uses.

    Property Features for 6520 Hopkins Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    9,774 SF
    Lot Size
    37,462 SF

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    1

    HighLights

    • $648,000 asking price for this industrial property.
    • 9,774 square foot flex/manufacturing/warehouse building on a 0.86‑acre lot.
    • Single‑story building constructed in 1996.
    • Property features one loading dock and one dock‑high door.
    • Zoned MI (Light Manufacturing).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.326608777945
    Latitude
    41.693161703517

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    FAQs

    What type of property is this?
    Distribution property - 9,774 SF Flex Building, $648K
    Where is this distribution property located?
    The property is located at 6520 Hopkins Rd Mentor, OH.
    What is the asking price?
    The asking price for this property is $648,000.
    What are key features of this property?
    This property features: $648,000 asking price for this industrial property.; 9,774 square foot flex/manufacturing/warehouse building on a 0.86-acre lot.; Single-story building constructed in 1996.
    Request Owner's contact information
    6520 Hopkins Rd Mentor, OH 44060
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    Mentor, OH 44060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6520 Hopkins Rd Mentor, OH 44060
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