7471 Tyler BlvdMentor, OH 44060

  • Industrial properties
  • 59,600 SF
For Lease

Property Details for 7471 Tyler Blvd

Year built
1976
Lot size
3.03 AC
Property size (Sq ft)
59,600 SF
Zone code
M-1
Property type
Industrial properties
Property subtype
Flex space
APN
16-B-031-D-01-016-0
APU
16B031D010160

Description

This exceptional 50,000 square foot industrial property, located at 7471 Tyler Boulevard in Mentor, Ohio, presents a compelling investment opportunity. Classified as Class C, this multi-tenant building boasts 18 individual suites, offering flexibility for a variety of businesses. The property features 18 convenient drive-in bays, enhancing operational efficiency. Situated in Lake County, Ohio, this strategically located asset provides easy access to both Interstate 90 and State Route 2, ensuring seamless transportation and logistics. The building's diverse subtype classification as Manufacturing, Flex, and Office space allows for a broad range of potential tenants. Currently, one 3,000 square foot suite is available. The property's substantial size and prime location make it an ideal choice for businesses seeking a versatile and well-connected industrial space in a thriving Ohio market. The zip code is 44060. This is a rare opportunity to acquire a well-established industrial property with significant potential for growth and return on investment. The property's multiple suites provide income diversification and a strong foundation for long-term success. The convenient access to major transportation arteries further enhances its appeal to a wide range of potential tenants.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,272,606
    Hospitality
    $11,241,642
    Educational
    $9,352,914
    Medical
    $9,674,575
    Retail
    $14,548,977
7471 Tyler Blvd, Mentor, Ohio

Location Insight

City
Mentor
County
Lake
State
Ohio
Latitude
41.6608
Longitude
-81.3748
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
$16,241
$115,290
$107,440
$222,730
-
$329,410
$306,970
$636,380

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