Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Industrial properties
7019 Lindsay Dr Mentor, OH 44060
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US66-3661726
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2020
Construction
WOOD
Total area
22,500 SF
Lot
1.23 ac (53,579 SF)
Zoning code
MID
APN
16-B-038-D-00-002-0
UPID
US66-3661726
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$940k
Blend (final)
Blend
$795k
Owner & transaction history
Voyage Capital Properties LLC · 19 yrs held
Voyage Capital Properties LLC
since 2006
7 recorded transactions
Zoning & alternative use
MID · Mentor, 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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mentor 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,000,000
Current use
Blend value · Realmo final
$795k
Range $716k – $875k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$35 / SF
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
$17,899
Tax year 2023
Assessed value
$249,330
Assessed 2023
Previous assessed
$249,330
+0.0% YoY
Effective rate
7.18%
On assessed value
Assessed land
$65,640
Assessed improvement
$183,690
Land market value
$187,530
Improvement market value
$524,830
Total market value
$712,360
Applied tax rate
16.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
22,500 SF
Lot
1.23 ac (53,579 SF)
Zoning code
MID
APN
16-B-038-D-00-002-0
UPID
US66-3661726
Jurisdiction
LAKE
Zoning & alternative use
MID · Mentor, OH
Zoning MID · permitted uses
MID · Mentor, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mentor. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.0M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Voyage Capital Properties LLC
Entity
Mailing address
6989 LINDSAY DR, MENTOR, OH 44060-4928
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2020
—
Voyage Capital Properties LLC
—
Deed
related
$1,836,000 · The Middlefield Banking Co
Mar 10, 2017
—
Woodhawk Group R & E Lindsay Dri
—
Grant Deed
related
$1,433,333 · Jp Morgan Chase Bk
Nov 21, 2006
$2,389,500
Voyage Capital Properties LLC
Isostar LLC
Warranty Deed
$2,000,000 · Huntington National Bank
Sep 25, 2002
—
Isotar LLC
—
Deed Of Trust
related
$4,956,645 · Second National Bank Warren
Nov 16, 2000
$1,800,000
Isostar LLC
Coa Enterprise INC
Grant Deed
$1,440,000 · Huntington National Bank
—
—
Voyage Capital Properties LLC
—
Deed Of Trust
related
$2,000,000 · Huntington National Bank
—
—
Woodhawk Group LLC
—
Deed Of Trust
related
$1,500,000 · Jp Morgan Chase Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7019 Lindsay Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
