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Property profile & analytics
OFF-MARKET
Estimated value
$450,000
Specialty properties
933 Mentor Ave Painesville, OH 44077-2519
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-0646893
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1890
Total area
33,150 SF
Lot
4.66 ac (202,990 SF)
Zoning code
R-1
APN
15-C-036-J-00-001-0
UPID
US66-0646893
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$450k
Owner & transaction history
Lake Cnty Young Mens Christia · 9 yrs held
Lake Cnty Young Mens Christia
since 2017
2 recorded transactions
Zoning & alternative use
R-1 · Painesville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-1 Single Family Residential R1-60 Single Family Residential R-2 Multi-Family Residential B-1 Business/Residential B-2 General Business B-3 Central Business DD Downtown Development M-1 Light Industrial M-2 Industrial Zoning Overlays: Design Districts, Historic Districts, PUD For more detail regarding zoning regulations for each district, see
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
1,625.15 ac
Source
Painesville, OH
Top alternative use upside
Commercial (general)
$2.5M
+38.7%
Auto repair, garage
$1.8M
+0.5%
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 Painesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Painesville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$1,810,000
Current use
COMMERCIAL (GENERAL)
$2,510,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,820,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$1,780,000
Change: -1% · Conversion: Difficult
RETAIL STORES
$1,750,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$1,625,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$450k
Range $405k – $495k · ±10%
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
$14 / SF
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
$1,744
Tax year 2023
Assessed value
$897,170
Assessed 2023
Previous assessed
$897,170
+0.0% YoY
Effective rate
0.19%
On assessed value
Assessed land
$155,510
Assessed improvement
$741,660
Land market value
$444,310
Improvement market value
$2,119,040
Total market value
$2,563,350
Applied tax rate
15.0000
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
Year built
1890
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
33,150 SF
Lot
4.66 ac (202,990 SF)
Zoning code
R-1
APN
15-C-036-J-00-001-0
UPID
US66-0646893
Jurisdiction
LAKE
Zoning & alternative use
R-1 · Painesville, OHZoning R-1 · permitted uses
R-1 · Painesville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-1 Single Family Residential R1-60 Single Family Residential R-2 Multi-Family Residential B-1 Business/Residential B-2 General Business B-3 Central Business DD Downtown Development M-1 Light Industrial M-2 Industrial Zoning Overlays: Design Districts, Historic Districts, PUD For more detail regarding zoning regulations for each district, see
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
1,625.15 ac
Source
Painesville, OH
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.6M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1890
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
4.66 ac
Current owner
From public records · entity-resolved
Lake Cnty Young Mens Christia
Individual
Mailing address
933 MENTOR AVE, PAINESVILLE, OH 44077-2519
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2017
—
Lake Cnty Young Mens Christia
—
Grant Deed
related
$8,000,000 · Eriebank
Aug 28, 2003
—
Lake County Young Mens Christi
—
Deed Of Trust
related
$2,230,000 · Great Lakes Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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