Entity Owned Property summary
AI-generated overview
This exceptional 1,250 square foot executive office space is available for lease within a larger 12,000 square foot, two-story retail and office building located at 5800 Andrews Road in Mentor-on-the-Lake, Ohio, zip code 44060. The property, classified as Class C, was constructed in 1971 and features a multi-tenant occupancy. The suite offers a fantastic opportunity for businesses seeking a well-located office space in the Northeast Cleveland submarket of Lake County. The building's address is 5800 Andrews Rd, and its APN is 19A0910000120 & 130. This particular space is part of a larger strip center, providing convenient access and high visibility. The property's location in Mentor-on-the-Lake offers easy access to major transportation routes, making it an ideal location for businesses needing convenient commutes for employees and clients. The available space presents a blank canvas for businesses to customize and create their ideal workspace. Serious inquiries are encouraged to explore this leasing opportunity further. The total building size is 12,000 square feet, with 1,250 square feet currently vacant and ready for immediate occupancy.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
WOOD
Total area
12,000 SF
Lot
1.03 ac (44,997 SF)
Zoning code
0BLDG
APN
19-A-091-0-00-012-0
UPID
US66-1828699
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
-
Construction Company General Contractor
-
Employment Agency
-
Hair Salon Nail Salon
-
Artist
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$250k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$195k
Owner & transaction history
since 2021
Last sale
$267,000
3 recorded transactions
Zoning & alternative use
0BLDG · Mentor On The Lake, OH
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$195k
Value range
$176k – $215k
±10% around blend
Estimated value / SF
$16 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
40
$176k
blend $195k
$215k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,000 SF
Lot area
1.03 ac
Year built
1971
Stories
1
APN
19-A-091-0-00-012-0
Zoning
0BLDG
Assessed value
$132,090
Annual tax
$11,835
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$769k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.8 mi away · 10,620 SF
17.8 mi away · 13,372 SF
19.2 mi away · 12,932 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$195k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 42 sales
$98
-83%
Submarket 56 sales
$89
-82%
County 94 sales
$72
-78%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $16/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$267k
Move the market yield to see immediate price impact.
Value / SF
$22
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$17k
$336k
$240k
$187k
$19k
$374k
$267k
$208k
$21k
$411k
$294k
$228k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$700k
13.4 mi · Apr 2026 · $62/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,835
Tax year 2023
Assessed value
$132,090
Assessed 2023
Previous assessed
$132,090
+0.0% YoY
Effective rate
8.96%
On assessed value
Assessed land
$38,750
Assessed improvement
$93,340
Land market value
$110,700
Improvement market value
$266,680
Total market value
$377,380
Applied tax rate
19.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
12,000 SF
Lot
1.03 ac (44,997 SF)
Zoning code
0BLDG
APN
19-A-091-0-00-012-0
UPID
US66-1828699
Jurisdiction
LAKE
Zoning & alternative use
0BLDG · Mentor On The Lake, OHZoning 0BLDG · permitted uses
0BLDG · Mentor On The Lake, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.03 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
0BLDG
Jurisdiction
Mentor On The Lake, OH
Recorded code
0BLDG
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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