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    7591 Tyler Blvd Mentor, OH 44060-4873
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    Property profile & analytics

    7591 Tyler Blvd, Mentor, OH 44060-4873

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    • Flex space
    • 11,980 SF
    • 0.59 lot acres
    Off-Market
    Last Sale Oct 31, 2023
    $530,000
    Property ID
    US66-2270128
    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
    $530,000
    Show details
    Cap Rate Potential
    8%
    Flex space
    Location Intelligence

    Current Use by Public Records

    • Flex space

    Property Details for 7591 Tyler Blvd

    Year built
    1987
    Lot size
    0.59 lot acres
    Zone code
    M-1
    Property type
    Flex space
    APN
    16-B-031-0-00-005-0
    APU
    16B0310000050

    Description

    This exceptional light industrial property in Mentor, Ohio, offers a rare leasing opportunity. Located at 7591 Tyler Blvd, 44060, this 9,480 square foot building sits on a 0.59-acre lot and is zoned M1 - Light Manufacturing. Currently, a single 1,750 square foot unit is available for lease within this five-unit building. The property is situated in Mentor's prime industrial district, providing convenient access to major Lake County highways, ensuring efficient transportation and logistics. The building's industrial/warehouse configuration is ideal for various manufacturing and storage needs. The property's location within the heart of Mentor's industrial zone offers excellent visibility and proximity to a robust workforce. This is a unique chance to secure space in a fully occupied, well-maintained building within a thriving industrial area. The available space is part of a larger, well-established complex, offering a stable and reliable environment for your business operations. The property's size and zoning make it suitable for a range of light manufacturing and warehouse businesses. Don't miss this opportunity to establish your business in a strategic and advantageous location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $575,000
      ML approach
      $495,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $770,000
      6.5%
      $710,000
      7%
      $660,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $423,000
      Market price range: $376k - $703k
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $530,000
      Current use
      MEDICAL BUILDING
      $845,000
      Change: +58% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $835,000
      Change: +57% Conversion: Difficult
      WAREHOUSE, STORAGE
      $780,000
      Change: +47% Conversion: Easy
      RETAIL STORES
      $765,000
      Change: +43% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.3722
    Latitude
    41.6687
    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
    $8,179
    $32,160
    $80,000
    $112,160
    -
    $91,880
    $228,570
    $320,450
    More about this property
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