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Property profile & analytics
OFF-MARKET
Office buildings
9609 Jackson St Mentor, OH 44060-4517
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US66-2836604
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
8,526 SF
Lot
1.03 ac (44,867 SF)
Zoning code
M-1
APN
16-B-061-B-00-013-0
UPID
US66-2836604
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
by Request
Owner & transaction history
Jv Development LLC · 18 yrs held
Jv Development LLC
since 2008
4 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$7,362
Tax year 2023
Assessed value
$102,550
Assessed 2023
Previous assessed
$102,550
+0.0% YoY
Effective rate
7.18%
On assessed value
Assessed land
$15,470
Assessed improvement
$87,080
Land market value
$44,210
Improvement market value
$248,790
Total market value
$293,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
8,526 SF
Lot
1.03 ac (44,867 SF)
Zoning code
M-1
APN
16-B-061-B-00-013-0
UPID
US66-2836604
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
Year built
1989
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Jv Development LLC
Entity
Mailing address
900 BALBOA CT, PAINESVILLE, OH 44077-5374
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2008
—
Jv Development LLC
Elite Renovations INC
Warranty Deed
$127,838 · Jpmorgan Chase Bank NA
Apr 15, 2008
$206,000
Elite Renovations INC
Sheriff Of Lake County
Trustees Deed
related
—
Jun 11, 1998
$368,800
Short Concrete Construction
Walker,robert A & Kathleen A
Grant Deed
$295,000 · Peoples Bank & Trust
—
—
Concrete Construction In Short
—
Deed Of Trust
related
$84,000 · National City 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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