Technical
Financial
Distress signals
Property profile

7320 Lk Shr Blvd Mentor, OH 44060

OFF-MARKET
Retail space
Property ID
US66-0710851
12,608 SF 1.34 ac lot Built 1969
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Total area 12,608 SF
Lot 1.34 ac (58,545 SF)
Zoning code B-2
APN 16-C-080-0-00-005-0
UPID US66-0710851

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
  • Building Supply Hardware & Home Improvement

Location

7320 Lk Shr Blvd Mentor, OH 44060-3030
Mentor metro Census 202902 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$783k
Blend (final) Blend
$260k

Owner & transaction history

since 2017
5 recorded transactions
2017
Price N/A
2017
$765,000
2006
$2.4M
2005
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
Top alternative use upside
Office building $1.2M +54.0%
Auto repair, garage $1.1M +31.6%
Medical building $885,000 +10.5%

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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