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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Retail space
8425 Sta St Mentor, OH 44060-4924
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-0101488
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
6,960 SF
Lot
0.57 ac (24,829 SF)
Zoning code
B-2
APN
16-B-045-0-00-024-0
UPID
US66-0101488
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
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$377k
Blend (final)
Blend
$620k
Owner & transaction history
Innovative Sport Surfacing LLC · 2 yrs held
Innovative Sport Surfacing LLC
since 2023
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
B-2 · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$685,000
+54.0%
Auto repair, garage
$585,000
+31.6%
Medical building
$490,000
+10.5%
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
$650,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$445,000
Current use
OFFICE BUILDING
$685,000
Change: +54% · Conversion: Easy
AUTO REPAIR, GARAGE
$585,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$490,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$485,000
Change: +10% · Conversion: Easy
WAREHOUSE, STORAGE
$455,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $600k (Aug 15 2023)
Last sale anchor
$600k
Aug 15 2023
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
$89 / 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
$14,001
Tax year 2023
Assessed value
$134,740
Assessed 2023
Previous assessed
$134,740
+0.0% YoY
Effective rate
10.39%
On assessed value
Assessed land
$53,660
Assessed improvement
$81,080
Land market value
$153,320
Improvement market value
$231,660
Total market value
$384,980
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Stories
1
Total area
6,960 SF
Lot
0.57 ac (24,829 SF)
Zoning code
B-2
APN
16-B-045-0-00-024-0
UPID
US66-0101488
Jurisdiction
LAKE
Zoning & alternative use
B-2 · Mentor, OH
Zoning B-2 · permitted uses
B-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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$445,000
OFFICE BUILDING
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$585,000
MEDICAL BUILDING
Est. value
$490,000
COMMERCIAL (GENERAL)
Est. value
$485,000
WAREHOUSE, STORAGE
Est. value
$455,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1978
Heating
FORCED AIR
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Innovative Sport Surfacing LLC
Entity
Mailing address
9755 PLANK RD, MONTVILLE, OH 44064-9712
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2024
—
Sport Surfacing LLC
—
Deed
related
$1,950,000 · Newtek Bank NA
Aug 15, 2023
$600,000
Innovative Sport Surfacing LLC
8425 Station Street LLC
Limited Warranty Deed
$700,000 · Newtek Bank NA
Dec 15, 2020
—
8425 Station Street LLC
—
Deed
related
$250,000 · Eriebank
Sep 30, 2002
$509,950
8425 Station Street LLC
Osborne,tr
Grant Deed
$405,000 · Great Lakes Bank
—
—
8425 Station Street LLC
—
Deed Of Trust
related
$486,887 · Middlefield Banking Co
—
—
8425 Station Street LLC
—
Deed Of Trust
related
$250,000 · Eriebank
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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