Property profile

38721 Mentor Ave Willoughby, OH 44094

OFF-MARKET
Warehouses
Property ID
US66-1170822
13,032 SF 0.8 ac lot Built 1990
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1990
Total area 13,032 SF
Lot 0.8 ac (34,674 SF)
Zoning code C-M
APN 27-B-039-A-00-002-0
UPID US66-1170822

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Arcade & Gaming Center
  • Construction Company
  • Art Gallery Bead Wholesaler
  • Dental Office

Location

38721 Mentor Ave Willoughby, OH 44094-8089
Willoughby metro Census 201500 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$760k
Comparable Approach Comparable
$398k
Blend (final) Blend
$290k

Owner & transaction history

since 2005
1 recorded transaction
2005
$600,000

Zoning & alternative use

C-M · Willoughby, OH
Top alternative use upside
Medical building $915,000 +26.9%
Office building $775,000 +7.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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