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Financial
Distress signals
Property profile

8455 Station St Mentor, OH 44060

FOR SALE
Turn key restaurants
Property ID
US66-6178834
5,159 SF 0.62 ac lot Built 1985
Last sale Apr 2006 · $330,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,159 square foot retail property, situated on a 2.05-acre lot at 8455 Station Street in Mentor, Ohio, presents a unique investment opportunity. The property boasts a rich history and currently operates as a full-service restaurant, event/party center, and bar. Its prime location in the heart of Mentor ensures high visibility and foot traffic. The building's versatility is further enhanced by an additional 3,500 square feet of covered outdoor space, perfect for al fresco…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$137k
Assessed land$24k
Assessed improvement$113k
Effective rate7.29%

Value estimate

· Oct 2026
$475k
$428k – $523k
AI approach$460k
NOI build-up
Gross scheduled income$77k
Vacancy & credit loss−$4k
Operating expenses−$18k
NOI · 11.10% cap applied$55k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$143/SF
County average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$53 – $299
Qualifying comparables5

Cap rate analysis

How does the asset earn?
11.10%
$55k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M-1
The purpose of the M- 1 District shall be to provide locations for activities generally understood to be manufacturing activities in a ma...
General categoryINDUSTRIAL
JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store11.1
Food Market10.9
Convenience Store10.2

Location

8455 Station St Mentor, OH 44060
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5725 Heisley, Mentor, OH 44060-1829 $1,141,600 Jul 2025 3,868 SF
9100 Mentor, Mentor, OH 44060-6404 $1,450,000 May 2025 6,045 SF
7061 Chillicothe, Mentor, OH 44060-6501 $950,000 Jan 2025 7,425 SF
4685 Corduroy, Mentor, OH 44060-1171 $500,000 Sep 2024 5,654 SF
7139 Hopkins, Mentor, OH 44060-4438 $320,000 Sep 2024 3,564 SF
8558 Mentor, Mentor, OH 44060-5822 $500,000 Nov 2023 4,620 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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