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    7721-7723 Mentor Ave Mentor, OH

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    For Sale
    Contact for pricing

    64,500 SF retail property on 9 acres for sale.

    Property size:
    64,500 SF
    Lot size:
    9.79 Acres

    Property Features for 7721-7723 Mentor Ave

    General Information

    Size
    64,500 SF
    Lot size
    9.79 Acres

    Source: Goodman Real Estate Agent Steve Altemare

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

    Overview

    64,500 SF Retail Opportunity

    This 64,500 square foot retail property is situated on 9 acres. The location benefits from a dense surrounding population, with over 105,000 residents within a 5-mile radius and an average household income exceeding $84,000 within the same area. A significant daytime population is also present, with over 24,000 employees working within a 3-mile radius. The property is located directly across from Great Lakes Mall, drawing customers from Lake and Northern Geauga counties.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.339552
    Latitude
    41.6661573

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    FAQs

    What type of property is this?
    Shopping mall - 64,500 SF retail property on 9 acres for sale.
    Where is this shopping mall located?
    The property is located at 7721-7723 Mentor Ave Mentor, OH.
    What are key features of this property?
    This property features: - Directly across from Great Lakes Mall; - 64,500 SF on 9 AC; - Over 105,000 people within a 5-mile radius
    (216) 210-0223
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    7721-7723 Mentor Ave Mentor, OH
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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
    7721-7723 Mentor Ave Mentor, OH
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