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    7515 Tyler Blvd Mentor, OH 44060-5403
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    Property profile & analytics

    7515 Tyler Blvd Mentor, OH 44060-5403


    • Industrial land
    • 1.96 lot acres
    Off-Market
    Last Sale Feb 26, 2024
    $475,000
    Property ID
    US66-4125917
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial land

    Property Details for 7515 Tyler Blvd

    Lot size
    1.96 lot acres
    Zone code
    M-1
    Property type
    Industrial land
    APN
    16-B-031-D-01-023-0
    APU
    16B031D010230

    Description

    This exceptional investment opportunity presents a brand-new, 12,100-square-foot Caliber Collision center in Mentor, Ohio. Built in 2025, the property sits on a 1.89-acre lot and boasts a 15.4-year absolute net lease with a corporate guarantee from Caliber Collision, the nation's largest collision repair provider. The lease features a 10% rent increase every five years, ensuring consistent income growth. The property offers a 6.60% cap rate with a net operating income (NOI) of $333,192 and an asking price of $5,048,364. Strategically located at 7515 Tyler Blvd, Mentor, OH 44060, this Class A retail property enjoys high visibility and accessibility, situated along a major retail and traffic corridor with easy access to State Route 2 (74,000+ vehicles per day). Its proximity to Great Lakes Mall, a large shopping center with numerous retail stores and restaurants, and numerous auto dealerships further enhances its value. The area boasts a high average household income (over $88,000 within a 1-mile radius) and a significant population (over 106,000 within a 5-mile radius). This property offers significant tax benefits through accelerated depreciation and cost segregation. The long-term lease, strong tenant, and prime location make this an attractive investment opportunity with substantial potential for return.


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    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.3724
    Latitude
    41.662
    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
    $7,097
    $68,300
    $0.00
    $68,300
    -
    $195,150
    $0.00
    $195,150
    More about this property
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