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    Property profile & analytics

    7198 Industrial Park Blvd Mentor, OH 44060-5328

    • Manufacturing properties
    • 34,622 SF
    • 1.48 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Location Intelligence
    Property ID
    US66-2360645
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 7198 Industrial Park Blvd

    Year built
    1979
    Lot size
    1.48 lot acres
    Property size
    34,622 SF
    Zone code
    MIP
    Property type
    Manufacturing properties
    APN
    16-B-029-B-00-003-0
    APU
    16B029B000030

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.3844
    Latitude
    41.6571
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,554
    $86,200
    $264,240
    $350,440
    -
    $246,290
    $754,980
    $1,001,270

    Comparable in this City

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      8667 Ee Ave

      MANUFACTURING (LIGHT) • 14,446 SF
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      167,916 SF

      7333 Corporate Blvd

      MANUFACTURING (LIGHT) • 167,916 SF
      7333 Corporate Blvd, Mentor, OH 44060-4857
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    • Value Estimation
      $375,000
      9,500 SF

      9301 Hamilton Dr

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      9301 Hamilton Dr, Mentor, OH 44060-4559
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    • Value Estimation
      $375,000
      10,648 SF

      9437 Mercantile Dr

      MANUFACTURING (LIGHT) • 10,648 SF
      9437 Mercantile Dr, Mentor, OH 44060-4524
      View Details
    • Value Estimation
      $80,000
      35,458 SF

      9415 Pinecone Dr

      MANUFACTURING (LIGHT) • 35,458 SF
      9415 Pinecone Dr, Mentor, OH 44060-1864
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      45,000 SF industrial space with highway visibility near I-90.
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    Mentor, OH 44060-5328
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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