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Property profile & analytics
OFF-MARKET
Residential income homes
7617 Bellflower Rd Mentor, OH 44060-3950
Individually Owned
27-yr Hold
Free & Clear
Property ID
US66-1399108
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1954
Total area
2,021 SF
Lot
1.38 ac (60,113 SF)
Zoning code
R-4
APN
16-C-076-0-00-015-0
UPID
US66-1399108
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
WILLIAM D BIRD
WILLIAM D BIRD
Zoning & alternative use
R-4 · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
8-H-00-039-0 requesting a variance to Sec. 1165.01(a)(2) of the Mentor Code of Ordinances to allow a 216-sq.-ft. accessory building at a 5-ft. side yard setback in lieu of the 10-ft. minimum side setback required in the R-4, Single Family Residential District. TIMOTHY & BARBARA FAHEY FOR 7590 PALMERSTON DRIVE, PP16-C-073-J-00-017-0 requesting a variance to S…
Zone name
Single Family Residential 22000 Square Feet
General category
RESIDENTIAL
Zone area
4,355.45 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mentor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mentor submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,696
Tax year 2023
Assessed value
$119,260
Assessed 2023
Previous assessed
$119,260
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$45,360
Assessed improvement
$73,900
Land market value
$129,590
Improvement market value
$211,150
Total market value
$340,740
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1954
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
1
Units
4
Total area
2,021 SF
Lot
1.38 ac (60,113 SF)
Zoning code
R-4
APN
16-C-076-0-00-015-0
UPID
US66-1399108
Jurisdiction
LAKE
Zoning & alternative use
R-4 · Mentor, OHZoning R-4 · permitted uses
R-4 · Mentor, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
8-H-00-039-0 requesting a variance to Sec. 1165.01(a)(2) of the Mentor Code of Ordinances to allow a 216-sq.-ft. accessory building at a 5-ft. side yard setback in lieu of the 10-ft. minimum side setback required in the R-4, Single Family Residential District. TIMOTHY & BARBARA FAHEY FOR 7590 PALMERSTON DRIVE, PP16-C-073-J-00-017-0 requesting a variance to Sec. 1165.02(a)(2) of the Mentor Code of Ordinances to allow a 3.5-ft. solid vinyl f
Zone name
Single Family Residential 22000 Square Feet
General category
RESIDENTIAL
Zone area
4,355.45 ac
Building & site characteristics
From public records
Year built
1954
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
4
Lot
1.38 ac
Current owner
From public records · entity-resolved
WILLIAM D BIRD
Individual
Free & Clear · 0 yrs held
Mailing address
5643 CHAPEL RD, MADISON, OH 44057-1705
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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