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Financial
Distress signals
Property profile

38882-3888 Mentor Ave Willoughby, OH 44094

OFF-MARKET
Office buildings
Property ID
US66-2571451
5,340 SF 4.06 ac lot Built 1954
Last sale Jun 2018 · $358,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of two office and medical buildings on a 4.06-acre site, with a total of 26,958 square feet of space available for sale or lease plus an additional 5,340-square-foot office building that is configured for an NNN lease arrangement as part of the overall portfolio. The site is zoned G-B (general business) and is set up to support office and medical uses. Exterior site features include 310 feet of frontage on Mentor Ave and access to approximately 200+/- parking spaces. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$56k
Tax billed · 2023
Assessed value$692k
Assessed land$127k
Assessed improvement$565k
Effective rate8.15%

Value estimate

· Oct 2026
$655k
$590k – $721k
Submarket $/SF estimate$580k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$59/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$24 – $109
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.6
Pharmacy12.1
Law Firm12.1

Location

38882-3888 Mentor Ave Willoughby, OH 44094
County assessor Recorded deeds · 9 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4964 Campbell, Willoughby, OH 44094-3367 $675,000 Nov 2024 6,000 SF
38109 Euclid, Willoughby, OH 44094-6103 $575,000 May 2024 6,151 SF
38021 Euclid, Willoughby, OH 44094-6184 $275,000 Mar 2023 5,407 SF
35401 Euclid, Willoughby, OH 44094-4557 $345,000 Sep 2022 6,000 SF
5370 Willow Crk, Willoughby, OH 44094 $195,000 Sep 2021 5,538 SF
37121 Euclid, Willoughby, OH 44094-5667 $220,000 Aug 2020 4,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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