Property profile

38868 Mentor Ave Willoughby, OH 44094

OFF-MARKET
Warehouses
Property ID
US66-1998329
26,785 SF 1.34 ac lot Built 1952
Individually Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1952
Total area 26,785 SF
Lot 1.34 ac (58,196 SF)
Zoning code R-60
APN 27-A-032-0-00-014-0
UPID US66-1998329

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
  • Building Supply Electrical Service
  • (Bike/Boat/Book/etc) Store Hardware & Home Improvement

Location

38868 Mentor Ave Willoughby, OH 44094-7931
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
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$415k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2004
$8,375

Zoning & alternative use

R-60 · Willoughby, OH
Zoning description

nal use, unless otherwise expressly stated. (Ord. 2020-21. Passed 2-18-20.) Share Download Bookmark Print 1131.03 SCHEDULE OF PERMITTED USES. One-Family Residential District Use Specific Regulations Reference R-100 R-80…

General category RESIDENTIAL

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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