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Property profile & analytics
OFF-MARKET
Specialty properties
8041 Mentor Ave, Mentor, OH 44060-5665
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-0273964
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1954
Total area
2,502 SF
Lot
1.08 ac (47,045 SF)
Zoning code
R-2
APN
16-B-032-A-00-002-0
UPID
US66-0273964
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
Lake-geauga Recovery Ctr INC · 8 yrs held
Lake-geauga Recovery Ctr INC
since 2018
7 recorded transactions
Zoning & alternative use
R-2 · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$105
Tax year 2023
Assessed value
$92,320
Assessed 2023
Previous assessed
$92,320
+0.0% YoY
Effective rate
0.11%
On assessed value
Assessed land
$32,540
Assessed improvement
$59,780
Land market value
$92,980
Improvement market value
$170,800
Total market value
$263,780
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1954
Heating
GAS
Cooling
CENTRAL
Stories
1
Units
1
Rooms
10
Bathrooms
3
Total area
2,502 SF
Lot
1.08 ac (47,045 SF)
Zoning code
R-2
APN
16-B-032-A-00-002-0
UPID
US66-0273964
Jurisdiction
LAKE
Zoning & alternative use
R-2 · Mentor, OH
Zoning R-2 · permitted uses
R-2 · Mentor, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mentor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Heating
GAS
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
3
Lot
1.08 ac
Current owner
From public records · entity-resolved
Lake-geauga Recovery Ctr INC
Entity
Mailing address
9083 MENTOR AVE, MENTOR, OH 44060-6462
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2018
—
Lake Geauga Recovery Centers INC
—
Deed
related
$195,392 · United States Of America
May 11, 2018
$222,500
Lake-geauga Recovery Ctr INC
Nancy J Farina Living Trust
Warranty Deed
—
Apr 30, 2015
—
Farina,nancy J Living Trust
Farina Nancy J
Quit Claim Deed
related
—
Feb 13, 2015
—
Nancy J Farina
Nancy J Farina
Intrafamily Transfer
related
$136,750 · Cardinal Community Cu
Dec 17, 2012
—
Farina Nancy J Living Trust
Farina,nancy J
Quit Claim Deed
related
—
—
—
Nancy J Farina
—
Deed Of Trust
related
$160,000 · Cardinal Community Cu
—
—
Peter H Farnia
—
Deed Of Trust
related
$106,500 · Third Fed'l S&l Assn Cleveland
—
—
Nancy J Farina
—
Deed Of Trust
related
$108,500 · Cardinal Community Cu
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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