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Property profile & analytics
OFF-MARKET
Estimated value
$200,000
Specialty properties
9135 Hendricks Rd Mentor, OH 44060
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-3753079
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Lot
9.68 ac (421,443 SF)
Zoning code
M-1
APN
16-B-064-0-00-026-0
UPID
US66-3753079
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
$200k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$200k
Owner & transaction history
Loreta Davis Hendricks LLC · 1 yrs held
Loreta Davis Hendricks LLC
since 2024
Last sale
$200,000
3 recorded transactions
Zoning & alternative use
M-1 · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the M- 1 District shall be to provide locations for activities generally understood to be manufacturing activities in a manner conducive to the creation of new job opportunities, minimization of impacts on other districts, and providing access to materials and adequate transportation facilities.
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
1,452.92 ac
Source
Realmo
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
$200,000
ML approach
$200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$200k
Range $180k – $220k · ±10% · vs last sale $200k (Dec 31 2024)
Last sale anchor
$200k
Dec 31 2024
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
—
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
$60
Tax year 2023
Assessed value
$54,950
Assessed 2023
Previous assessed
$58,910
-6.7% YoY
Effective rate
0.11%
On assessed value
Assessed land
$54,950
Land market value
$157,000
Total market value
$157,000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Heating
NONE
Lot
9.68 ac (421,443 SF)
Zoning code
M-1
APN
16-B-064-0-00-026-0
UPID
US66-3753079
Jurisdiction
LAKE
Zoning & alternative use
M-1 · Mentor, OHZoning M-1 · permitted uses
M-1 · Mentor, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the M- 1 District shall be to provide locations for activities generally understood to be manufacturing activities in a manner conducive to the creation of new job opportunities, minimization of impacts on other districts, and providing access to materials and adequate transportation facilities.
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
1,452.92 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
9.68 ac
Current owner
From public records · entity-resolved
Loreta Davis Hendricks LLC
Entity
Free & Clear · 1 yrs held
Mailing address
9225 JOHNNYCAKE RDG RD, MENTOR, OH 44060-7073
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2024
$200,000
Loreta Davis Hendricks LLC
Trinity Baptist Church INC
Warranty Deed
—
Dec 29, 2022
$12,500
Lake County General Health District
Trinity Baptist Church INC
Warranty Deed
—
Dec 27, 2007
$400,000
Trinity Baptist Church INC
Nozik,eleanor S
Warranty Deed
—
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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