6520 Hopkins Rd Mentor, OH 44060
- Industrial properties
- 11,152 SF
- 0.81 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 6520 Hopkins Rd
- Year built
- 1996
- Lot size
- 0.81 lot acres
- Property size
- 11,152 SF
- Zone code
- M-1
- Property type
- Industrial properties
- APN
- 16-B-056-A-00-011-0
- APU
- 16B056A000110
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $265,000
- 6.5%
- $285,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $240,000
- Mixed-Use
- $305,000
- Hospitality
- $295,000
- Educational
- $250,000
- Residential Income
- $320,000
- Energy
- $250,000
- Income-Based Land
- $280,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Mentor
- County
- Lake
- State
- Ohio
- Longitude
- -81.3263
- Latitude
- 41.6929
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA