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    Property profile & analytics

    9437 Mercantile Dr Mentor, OH 44060-4524

    • Manufacturing properties
    • 10,648 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Last Sale
    Feb 19, 2021
    $500,000
    Location Intelligence
    Property ID
    US66-0727831
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 9437 Mercantile Dr

    Year built
    2000
    Construction
    WOOD
    Lot size
    1.03 lot acres
    Property size
    10,648 SF
    Zone code
    M-1
    Property type
    Manufacturing properties
    APN
    16-B-061-D-00-013-0
    APU
    16B061D000130

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $455,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $430,000
      Mixed-Use
      $415,000
      Hospitality
      $440,000
      Educational
      $375,000
      Residential Income
      $425,000
      Energy
      $425,000
      Income-Based Land
      $390,000
      Food Service
      $515,000

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.3011
    Latitude
    41.6998
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,226
    $35,000
    $140,000
    $175,000
    -
    $100,000
    $400,000
    $500,000

    Comparable in this City

    • Value Estimation by Request
      9,200 SF

      9349 Hamilton Dr

      MANUFACTURING (LIGHT) • 9,200 SF
      9349 Hamilton Dr, Mentor, OH 44060-4559
      View Details
    • Value Estimation by Request
      580,720 SF

      6500 Heisley Rd

      MANUFACTURING (LIGHT) • 580,720 SF
      6500 Heisley Rd, Mentor, OH 44060-1805
      View Details
    • Value Estimation
      $7,600,000
      63,510 SF

      6277 Heisley Rd

      MANUFACTURING (LIGHT) • 63,510 SF
      6277 Heisley Rd, Mentor, OH 44060-1858
      View Details
    • Value Estimation
      $1,050,000
      27,144 SF

      7500 Clover Ave

      MANUFACTURING (LIGHT) • 27,144 SF
      7500 Clover Ave, Mentor, OH 44060-5214
      View Details
    • Value Estimation
      $1,140,000
      14,928 SF

      7895 Division Dr

      MANUFACTURING (LIGHT) • 14,928 SF
      7895 Division Dr, Mentor, OH 44060-4877
      View Details
    • Value Estimation
      $510,000
      26,388 SF

      7700 Metric Dr

      MANUFACTURING (LIGHT) • 26,388 SF
      7700 Metric Dr, Mentor, OH 44060
      View Details

    Similar Nearby for Sale

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      High-Quality Manufacturing Property in Mentor

      31,745 SF manufacturing property with ample parking.
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      14,000 SF flex building with leased units for sale.
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    • $169,000
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      2.23-acre industrial lot, prime location.
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    Similar Nearby for Lease

    • Contact for pricing
      50,000 SF

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      Prime Mentor location, flexible space available.
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    • $10 SF/Yr
      7,500 SF

      Industrial Space in Mentor, Ohio

      7,500 SF of versatile commercial space for lease.
      7154 Industrial Park Blvd, Mentor, OH 44060
      View Details
    • Contact for pricing
      100,000 SF

      Tyler Commerce: Class A Industrial Space

      100,000 SF Multi-Tenant Industrial Building
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      View Details
    • $4 SF/Yr
      45,151 SF

      Spacious Industrial Facility with Crane

      Well-maintained industrial space featuring a crane and ample parking.
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      View Details
    • $204 SF/Yr
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      Mentor Office & Industrial Space

      Flexible Suites, 100-2260 sq ft
      7840 Tyler Blvd, Mentor, OH 44060
      View Details
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    Mentor, OH 44060-4524
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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