Technical
Financial
Distress signals
Property profile

7215 Ctr St Mentor, OH 44060

OFF-MARKET
Retail space
Property ID
US66-0638612
4,500 SF 0.33 ac lot Built 1989
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3,000-square-foot office space at 7215 Center Street in Mentor, Ohio, presents a fantastic opportunity for a single tenant. Located in the 44060 zip code, this traditional office building boasts a newly updated exterior, featuring fresh paint, improved lighting, and attractive landscaping. The property offers excellent visibility, making it an ideal location for businesses seeking high foot traffic. Inside, the open floor plan maximizes natural light, creating a bright and inviting workspace. The space includes two private restrooms and a convenient kitchenette, adding to its functionality. The versatile layout allows for a variety of business uses, providing flexibility for potential tenants. This single-tenant occupancy ensures privacy and control over the entire space. With its prime location, updated exterior, and functional interior, this property is ready for immediate occupancy. The property's address is 7215 Center Street, Mentor, OH 44060.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Total area 4,500 SF
Lot 0.33 ac (14,301 SF)
Zoning code B-2
APN 16-B-045-0-00-020-0
UPID US66-0638612

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7215 Ctr St Mentor, OH 44060-4907
Mentor metro Census 203400 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2020
Last sale
$302,000
5 recorded transactions
2021
Price N/A
2020
$302,000
1999
$550,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-2 · Mentor, OH
Zoning description

069,070-0 requesting a variance to Sec. 1173.09 of the Mentor Code of Ordinances to allow the installation of parking spaces at a 0-ft. setback from the right-of-way in lieu of the minimum 10-ft. setback required in the…

General category COMMERCIAL

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
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 7215 Ctr St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message