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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Flex space
8141 Tyler Blvd Mentor, OH 44060-4855
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-0710858
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1975
Total area
83,742 SF
Lot
5.2 ac (226,599 SF)
Zoning code
M-2
APN
16-B-037-0-00-016-0
UPID
US66-0710858
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
$1.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.71M
Owner & transaction history
Jmjd LLC · 3 yrs held
Jmjd LLC
since 2022
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
M-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
Method
Estimation
Statistic approach
$1,175,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±10% · vs last sale $2.06M (Nov 23 2022)
Last sale anchor
$2.06M
Nov 23 2022
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
$20 / 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
$45,808
Tax year 2023
Assessed value
$638,110
Assessed 2023
Previous assessed
$638,110
+0.0% YoY
Effective rate
7.18%
On assessed value
Assessed land
$151,290
Assessed improvement
$486,820
Land market value
$432,260
Improvement market value
$1,390,920
Total market value
$1,823,180
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
83,742 SF
Lot
5.2 ac (226,599 SF)
Zoning code
M-2
APN
16-B-037-0-00-016-0
UPID
US66-0710858
Jurisdiction
LAKE
Zoning & alternative use
M-2 · Mentor, OH
Zoning M-2 · permitted uses
M-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
1975
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
5.2 ac
Current owner
From public records · entity-resolved
Jmjd LLC
Entity
Mailing address
8141 TYLER BLVD, MENTOR, OH 44060-4855
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2022
$2,060,000
Jmjd LLC
8141 Tyler Boulevard LLC
Limited Warranty Deed
$1,648,000 · The Huntington National Bank
Sep 24, 2020
—
8141 Tyler Boulevard LLC
—
Deed
related
$835,000 · Gerald R Wheaton
Dec 17, 2010
$1,650,000
8141 Tyler Boulevard LLC
Tyler Investment Co
Warranty Deed
$1,300,000 · Tyler Investment Co
—
—
8141 Tyler Boulevard LLC
—
Deed Of Trust
related
$835,000 · Gerald R Wheaton
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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