7118 Industrial ParkMentor, OH 44060

  • Office properties
  • 3,200 SF
Off market
$172,703 Estimated

Property Details for 7118 Industrial Park

Year built
1985
Lot size
0.59 AC
Property size (Sq ft)
3,200 SF
Zone code
MIP
Property type
Office properties
Property subtype
Office buildings
APN
16-B-029-C-00-006-0
APU
16B029C000060

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $575,680
    6.5%
    $531,397
    7%
    $493,440
  • Comparable approach

    Method
    Valuation
    Relative Method
    $299,328
    Geo Method
    $299,328
  • Alternative Use

    Use
    Valuation
    Residential
    $658,932
    Hospitality
    $603,578
    Educational
    $502,170
    Medical
    $519,440
    Retail
    $781,153
7118 Industrial Park, Mentor, Ohio

Location Insight

City
Mentor
County
Lake
State
Ohio
Latitude
41.6523
Longitude
-81.3853
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $106,750
  • Assessed land value
    $35,980
  • Assessed value
    $142,730
  • Tax year
    2023
  • Tax bill
    $10,408

FAQs

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