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Property profile & analytics
OFF-MARKET
Commercial real estate
5816 Andrews Rd Mentor On The Lake, OH 44060-2602
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-6281862
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1957
Construction
WOOD
Total area
1,722 SF
Lot
0.42 ac (18,199 SF)
Zoning code
OBLDG
APN
19-A-091-I-00-017-0
UPID
US66-6281862
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
-
Pelican’s SnoBalls Bakery Take-out & Catering
-
Modern Woodmen of America Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Erf Enterprise LLC · 1 yrs held
Erf Enterprise LLC
since 2024
Last sale
$159,000
6 recorded transactions
Zoning & alternative use
OBLDG · Mentor On The Lake, 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 Mentor On The Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mentor On The Lake 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,803
Tax year 2023
Assessed value
$55,660
Assessed 2023
Previous assessed
$55,660
+0.0% YoY
Effective rate
8.63%
On assessed value
Assessed land
$22,300
Assessed improvement
$33,360
Land market value
$63,700
Improvement market value
$95,300
Total market value
$159,000
Applied tax rate
19.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,722 SF
Lot
0.42 ac (18,199 SF)
Zoning code
OBLDG
APN
19-A-091-I-00-017-0
UPID
US66-6281862
Jurisdiction
LAKE
Zoning & alternative use
OBLDG · Mentor On The Lake, OH
Zoning OBLDG · permitted uses
OBLDG · Mentor On The Lake, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mentor On The Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Erf Enterprise LLC
Entity
Free & Clear · 1 yrs held
Mailing address
6384 BRKS BLVD, MENTOR, OH 44060-3622
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
—
Erf Enterprise LLC
Erf Group LLC
Quitclaim Deed
related
—
Nov 4, 2021
$159,000
Frf Gorup LLC
The Crooked Cornet LLC
Warranty Deed
$127,800 · The Huntington National Bank
Apr 11, 2019
—
Crooked Corner LLC
Crooked Cevap LLC
Quit Claim Deed
related
—
Jan 8, 2019
$97,500
Crooked Cevap LLC
Tracey,patricia S & Eugene
Warranty Deed
$9,000 · Patricia S Tracey
Jul 29, 2009
—
Patricia S Tracey
Tracey,eugene S
Quit Claim Deed
related
—
Feb 21, 2002
$156,000
Eugene Tracey
Nosan,helen L
Grant Deed
$132,600 · National City Bank
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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