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Property profile & analytics
OFF-MARKET
Turn key restaurants
7280 Ctr St Mentor, OH 44060-4908
Entity Owned
8-yr Hold
Free & Clear
Property ID
US66-2481969
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1997
Total area
4,465 SF
Lot
0.87 ac (38,041 SF)
Zoning code
R-2
APN
16-B-038-C-00-012-0
UPID
US66-2481969
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shibley Properties 2 LLC · 8 yrs held
Shibley Properties 2 LLC
since 2017
4 recorded transactions
Zoning & alternative use
R-2 · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
equesting a variance to Sec. 1165.01(a)(2) of the Mentor Code of Ordinances to allow an 180-sq. ft. accessory building at a 5-ft. side and rear setback in lieu of the minimum 10-ft. side and rear setback required in the R-2, Single Family Residential District. AGILE SIGN & LIGHTING MAINTENANCE & PHAM LEAHA TRAN & LYNN NGUYEN FOR 7770 MENTOR AVENUE, PP16-A-00…
Zone name
Single Family Residential 15000 Square Feet
General category
RESIDENTIAL
Zone area
4,391.17 ac
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
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
$20,080
Tax year 2023
Assessed value
$275,370
Assessed 2023
Previous assessed
$275,370
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$151,790
Assessed improvement
$123,580
Land market value
$433,680
Improvement market value
$353,080
Total market value
$786,760
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
4,465 SF
Lot
0.87 ac (38,041 SF)
Zoning code
R-2
APN
16-B-038-C-00-012-0
UPID
US66-2481969
Jurisdiction
LAKE
Zoning & alternative use
R-2 · Mentor, OHZoning R-2 · permitted uses
R-2 · Mentor, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
equesting a variance to Sec. 1165.01(a)(2) of the Mentor Code of Ordinances to allow an 180-sq. ft. accessory building at a 5-ft. side and rear setback in lieu of the minimum 10-ft. side and rear setback required in the R-2, Single Family Residential District. AGILE SIGN & LIGHTING MAINTENANCE & PHAM LEAHA TRAN & LYNN NGUYEN FOR 7770 MENTOR AVENUE, PP16-A-003-0-00-012-0 requesting a variance to Sec. 1171.18(e)(5) of the Mentor Code of Ordi
Zone name
Single Family Residential 15000 Square Feet
General category
RESIDENTIAL
Zone area
4,391.17 ac
Building & site characteristics
From public records
Year built
1997
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Shibley Properties 2 LLC
Entity
Free & Clear · 8 yrs held
Mailing address
30 N MAIN ST, CHAGRIN FALLS, OH 44022-3006
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2017
—
Shibley Properties 2 LLC
Shibley Properties 2 LLC
Quit Claim Deed
related
—
Dec 17, 2013
—
Yours Truly Of Mentor INC
Shibley Properties LLC
Quit Claim Deed
related
—
Dec 13, 2012
—
Shibley Commercial Properties
Yours Truly Of Mentor INC
Quit Claim Deed
related
—
Aug 4, 2005
—
Yours Truly Of Mentor INC
Shibley Management INC
Quit Claim Deed
related
—
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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