Property profile

9381 Mercantile Dr Mentor, OH 44060

OFF-MARKET
Commercial real estate
Property ID
US66-3664920
1.03 ac lot
Entity Owned 24-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.03 ac (44,867 SF)
Zoning code M-1
APN 16-B-061-D-00-009-0
UPID US66-3664920

Cap rate & NOI

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

Location

9381 Mercantile Dr Mentor, OH 44060-4523
Mentor metro Census 206500 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2002
2 recorded transactions
2002
$35,000
2000
$31,500

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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