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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Automotive properties
38845 Mentor Ave Willoughby, OH 44094-7932
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-2519428
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1925
Total area
14,910 SF
Lot
0.54 ac (23,697 SF)
Zoning code
C-M
APN
27-B-039-0-00-021-0
UPID
US66-2519428
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cleveland Biomechanics Gym & Fitness Center
-
Mirror Mirror Salon & Bridal Hair Salon
-
Regen Biomechanics Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$447k
Blend (final)
Blend
$505k
Owner & transaction history
Click & Mortar LLC · 5 yrs held
Click & Mortar LLC
since 2021
Last sale
$525,000
3 recorded transactions
Zoning & alternative use
C-M · Willoughby, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Willoughby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willoughby submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$380,000
ML approach
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $525k (Jan 21 2021)
Last sale anchor
$525k
Jan 21 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$34 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,643
Tax year 2023
Assessed value
$128,950
Assessed 2023
Previous assessed
$128,950
+0.0% YoY
Effective rate
8.25%
On assessed value
Assessed land
$37,320
Assessed improvement
$91,630
Land market value
$106,630
Improvement market value
$261,800
Total market value
$368,430
Applied tax rate
27.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1925
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
14,910 SF
Lot
0.54 ac (23,697 SF)
Zoning code
C-M
APN
27-B-039-0-00-021-0
UPID
US66-2519428
Jurisdiction
LAKE
Zoning & alternative use
C-M · Willoughby, OH
Zoning C-M · permitted uses
C-M · Willoughby, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willoughby. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Click & Mortar LLC
Entity
Mailing address
38845 MENTOR AVE, WILLOUGHBY, OH 44094-7932
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2021
$525,000
Click & Mortar LLC
Pag Mentor A1 INC
Limited Warranty Deed
$420,000 · The Farmers National Bank Of Canfie
Mar 28, 2011
—
Stoddard Imported Cars INC
—
Deed Of Trust
related
$1,826,437 · Fifth Third Bank
Jul 31, 2003
—
Willoughby City (oh)
Stoddard Import Cars INC
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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