Property profile

8515 Mentor Ave Mentor, OH 44060

OFF-MARKET
Medical Office Space
Property ID
US66-5854357
2,897 SF 0.3 ac lot Built 1957
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1957
Total area 2,897 SF
Lot 0.3 ac (12,894 SF)
Zoning code B-2
APN 16-B-042-0-00-002-0
UPID US66-5854357

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Gym & Fitness Center Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

8515 Mentor Ave Mentor, OH 44060-5818
Mentor metro Census 203400 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2019
3 recorded transactions
2019
$350,000
2016
$12,230
2007
$375,000

Zoning & alternative use

B-2 · Mentor, OH
Zoning description

069,070-0 requesting a variance to Sec. 1173.09 of the Mentor Code of Ordinances to allow the installation of parking spaces at a 0-ft. setback from the right-of-way in lieu of the minimum 10-ft. setback required in the…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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