Property profile

5978 Andrews Rd Mentor On The Lake, OH 44060

OFF-MARKET
Retail space
Property ID
US66-0653493
2,900 SF 0.17 ac lot Built 1930
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction WOOD
Total area 2,900 SF
Lot 0.17 ac (7,501 SF)
Zoning code B
APN 19-A-090-G-00-055-0
UPID US66-0653493

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
  • Hair Salon Nail Salon
  • Hair Salon

Location

5978 Andrews Rd Mentor On The Lake, OH 44060-2853
Mentor On The Lake metro Census 202500 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2017
2 recorded transactions
2017
$210,000
1999
$130,000

Zoning & alternative use

B · Mentor On The Lake, OH
Zoning description

This district supports Single family residential uses.

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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