Realmo Analytics

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Financial
Distress signals
Property profile

7342 Mentor Ave Mentor, OH 44060

FOR LEASE
Retail space
Property ID
US66-1819210
10,524 SF 0.75 ac lot Built 2006
Last sale Dec 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$237k
Assessed land$103k
Assessed improvement$134k
Effective rate7.29%

Value estimate

· Oct 2026
$275k
$248k – $303k
AI approach$275k
NOI build-up
Gross scheduled income$21k
Vacancy & credit loss−$968
Operating expenses−$6k
NOI · 1,406,400.00% cap applied$14k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$37 – $93
Qualifying comparables12

Cap rate analysis

How does the asset earn?
1,406,400.00%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
The purpose of this district shall be provide sufficient space for a variety of business, commercial and service activities in locations ...
General categoryCOMMERCIAL
JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.8
Pharmacy12.2
Storage Facility11.2

Location

7342 Mentor Ave Mentor, OH 44060
County assessor Recorded deeds · 3 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7865 Munson, Mentor On The Lake, OH 44060-3748 $1,150,000 Jun 2025 9,600 SF
9400 Mentor, Mentor, OH 44060-4520 $34,000 Oct 2024 13,870 SF
8889 Mentor, Mentor, OH 44060-6211 $900,000 Aug 2024 8,520 SF
7421 Mentor, Mentor, OH 44060-5405 $700,000 Oct 2023 8,800 SF
8405 Munson, Mentor, OH 44060-2410 $775,000 Jun 2023 7,765 SF
8401 Mentor, Mentor, OH 44060-5842 $1,601,222 Jun 2022 10,938 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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