Technical
Financial
Distress signals
Property profile

8889 Mentor Ave 8897 Mentor, OH 44060

OFF-MARKET
Retail space
Property ID
US66-0653480
8,520 SF 0.67 ac lot Built 1990
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Total area 8,520 SF
Lot 0.67 ac (29,185 SF)
Zoning code R-2
APN 16-B-052-C-00-014-0
UPID US66-0653480

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
  • Alternative Medicine Practice

Location

8889 Mentor Ave, Unit 8897 Mentor, OH 44060-6211
Mentor metro Census 203400 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$755k
Blend (final) Blend
$260k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2001
$900,000
1969
Price N/A

Zoning & alternative use

R-2 · Mentor, OH
Zoning description

equesting a variance to Sec. 1165.01(a)(2) of the Mentor Code of Ordinances to allow an 180-sq. ft. accessory building at a 5-ft. side and rear setback in lieu of the minimum 10-ft. side and rear setback required in the…

General category RESIDENTIAL
Top alternative use upside
Office building $835,000 +54.0%
Auto repair, garage $715,000 +31.6%
Medical building $600,000 +10.5%

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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