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    8445-8449 Market St Mentor, OH 44060

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    For Lease
    Contact for pricing

    Retail space with expansion potential in a high-traffic location.

    Property size:
    18,000 SF
    Lot size:
    8.84 Acres

    Property Features for 8445-8449 Market St

    General Information

    Size
    18,000 SF
    Lot size
    8.84 Acres

    Source: Anchor Retail Agent Allison Giomuso

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Opportunity in Mentor, Ohio

    This retail opportunity features 43,227 square feet of space with the potential for expansion. Up to 15,000 to 18,000 square feet of allowable building expansion is available for ground lease or build-to-suit. The property is located on the northeast corridor of Center Street (SR 615) and Lakeland Freeway (SR 2), offering excellent highway visibility from SR 2 with over 60,000 vehicles per day. The surrounding area has strong demographics, including estimated median household incomes of over $85,000 within a three-mile radius. Mentor is ranked 6th in the state for retail sales volumes, making the city a regional shopping and dining destination.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.3376879
    Latitude
    41.6887972

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    FAQs

    What type of property is this?
    Retail space - Retail space with expansion potential in a high-traffic location.
    Where is this retail space located?
    The property is located at 8445-8449 Market St Mentor, OH.
    What are key features of this property?
    This property features: - Excellent highway visibility from SR 2 with over 60,000 VPD; - Big Box opportunity – **43,227 SF**; - Up to 15,000-18,000 SF of allowable building expansion for ground lease or build-to-suit
    (216) 342-2523
    Request Owner's contact information
    8445-8449 Market St Mentor, OH 44060
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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
    8445-8449 Market St Mentor, OH 44060
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