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Property profile & analytics
OFF-MARKET
Estimated value
$4,730,000
Warehouses
8001 Moving Way, Mentor, OH 44060-4898
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2574377
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Total area
85,302 SF
Lot
10.07 ac (438,823 SF)
APN
16-B-033-B-00-008-0
UPID
US66-2574377
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
$3.67M
CAP Approach
CAP
$4.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.73M
Owner & transaction history
Franco Holdings LLC · 4 yrs held
Franco Holdings LLC
since 2021
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.2M
+28.5%
Medical building
$6.0M
+7.9%
Commercial (general)
$6.0M
+7.1%
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
Method
Estimation
Statistic approach
$3,995,000
ML approach
$3,670,000
CAP Approach
CAP Return
Estimation
6%
$5,400,000
6.5%
$4,985,000
7%
$4,625,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,565,000
Current use
AUTO REPAIR, GARAGE
$7,150,000
Change: +29% · Conversion: Easy
MEDICAL BUILDING
$6,000,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,955,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$5,435,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$4.73M
Range $4.26M – $5.20M · ±10% · vs last sale $5.50M (Dec 28 2021)
Last sale anchor
$5.50M
Dec 28 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$55 / SF
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
$138,189
Tax year 2023
Assessed value
$1,925,000
Assessed 2023
Previous assessed
$1,925,000
+0.0% YoY
Effective rate
7.18%
On assessed value
Assessed land
$350,000
Assessed improvement
$1,575,000
Land market value
$1,000,000
Improvement market value
$4,500,000
Total market value
$5,500,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
85,302 SF
Lot
10.07 ac (438,823 SF)
APN
16-B-033-B-00-008-0
UPID
US66-2574377
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$7.2M
MEDICAL BUILDING
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$6.0M
RETAIL STORES
Est. value
$5.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
10.07 ac
Current owner
From public records · entity-resolved
Franco Holdings LLC
Entity
Mailing address
8001 MOVING WAY, MENTOR, OH 44060-4898
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2022
—
Farnco Holdings LLC
—
Deed
related
$2,268,000 · Cascade Capital Corp
Dec 28, 2021
$5,500,000
Franco Holdings LLC
Nest Egg LLC
Warranty Deed
$2,760,100 · Eriebank
May 24, 2017
—
Nest Egg LLC
—
Deed
related
$722,701 · The Huntington National Bank
Jul 12, 2004
—
Nest Egg LLC
—
Deed Of Trust
related
$3,700,000 · Charter One Bank
Mar 22, 2000
—
Nest Egg LLC
Moving Solutions INC
Grant Deed
related
—
—
—
Nest Egg LLC
—
Deed Of Trust
related
$3,080,000 · Firstmerit Bank NA
—
—
Nest Egg LLC
—
Deed Of Trust
related
$1,900,000 · Charter One Bank
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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