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    9340 Pineneedle Dr Mentor, OH 44060

    For Sale
    $169,000

    2.23-acre industrial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.23-acre vacant land parcel presents a unique investment opportunity in Mentor, Ohio. Ideally situated at 9340 Pineneedle Drive, this property boasts approximately 150 feet of frontage on Pineneedle Drive, offering excellent visibility and accessibility. The lot dimensions are roughly 150' x 647'. Zoned for MIP and Industrial Park use, this site is ready for development. All utilities are conveniently located on-site, simplifying the construction process. Enjoy easy access to major transportation arteries, including Heisley Road, State Route 2, State Route 44, and Interstate 90, ensuring seamless logistics for any industrial operation. The property benefits from its strategic location adjacent to established businesses such as Royal Plastics and an AT&T service station. Furthermore, the City of Mentor offers potential incentives for development, making this an even more attractive proposition. The APN is 16B063A000060. This is a rare opportunity to acquire a well-positioned industrial land parcel in a thriving Ohio market. Don't miss out on this chance to build your next industrial project.

    Property Features for 9340 Pineneedle Dr

    General Information

    Property type
    Land
    Lot Size
    97,139 SF

    HighLights

    • 2.23‑acre vacant land parcel in Mentor, OH.
    • 150' frontage on Pineneedle Drive, excellent visibility and accessibility.
    • Zoned MIP and Industrial Park, utilities on‑site.
    • Easy access to Heisley Rd, SR 2, SR 44, and I‑90.
    • Adjacent to Royal Plastics and AT&T.
    • Potential city development incentives.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.304038709612
    Latitude
    41.7014331541

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    FAQs

    What type of property is this?
    Land - 2.23-acre industrial lot, prime location.
    Where is this land located?
    The property is located at 9340 Pineneedle Dr Mentor, OH.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: 2.23-acre vacant land parcel in Mentor, OH.; 150' frontage on Pineneedle Drive, excellent visibility and accessibility.; Zoned MIP and Industrial Park, utilities on-site.
    Request Owner's contact information
    9340 Pineneedle Dr 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
    9340 Pineneedle Dr Mentor, OH 44060
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