Property profile

9318 Mercantile Dr Mentor, OH 44060

OFF-MARKET
Warehouses
Property ID
US66-1085806
4,060 SF 0.97 ac lot Built 2001
Individually Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Total area 4,060 SF
Lot 0.97 ac (42,253 SF)
Zoning code M-1
APN 16-B-061-D-00-025-0
UPID US66-1085806

Cap rate & NOI

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

Location

9318 Mercantile Dr Mentor, OH 44060
Mentor metro Census 206500 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2020
Last sale
$335,000
3 recorded transactions
2020
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M-1 · Mentor, OH
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…

General category INDUSTRIAL

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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