Technical
Financial
Distress signals
Property profile

7515 Tyler Blvd Mentor, OH 44060

FOR SALE
Industrial land
Property ID
US66-4125917
1.96 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.96 ac (85,378 SF)
Zoning code M-1
APN 16-B-031-D-01-023-0
UPID US66-4125917

Cap rate & NOI

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

Location

7515 Tyler Blvd Mentor, OH 44060
Mentor metro Census 206500 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$475k

Owner & transaction history

since 2025
Last sale
$475,000
4 recorded transactions
2025
$5.0M
2024
$475,000
2001
Price N/A
1999
$186,000

Zoning & alternative use

M-1 · Mentor, OH
Zoning description

The purpose of the M- 1 District shall be to provide locations for activities generally understood to be manufacturing activities in a manner conducive to the creation of new job opportunities, minimization of impacts on…

General category INDUSTRIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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