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    8695 Twinbrook Rd Mentor, OH 44060

    For Sale
    $150,000

    1.24-acre M1-zoned lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.24-acre industrial land parcel presents a unique investment opportunity in Mentor, Ohio. Located at 8695 Twinbrook Rd, this property is zoned M1, offering significant potential for various industrial uses. The parcel number is 16B055D000160, situated in Lake County, Ohio, and boasts convenient access to major transportation routes. Specifically, it's approximately three minutes from State Route 2, providing excellent connectivity to the broader Northeast Ohio market. Utilities are readily available to service the site, simplifying development plans. The asking price for this strategically located industrial land is $150,000. This represents a compelling opportunity for businesses seeking a well-situated and readily developable site in a thriving industrial area. The property's 1.24-acre size offers ample space for various industrial projects, while its proximity to SR-2 ensures efficient transportation of goods and services. This is a rare opportunity to acquire a prime industrial land parcel in a desirable location. The readily available utilities further enhance the property's appeal to potential buyers. Don't miss this chance to secure a valuable asset in a growing market.

    Property Features for 8695 Twinbrook Rd

    General Information

    Property type
    Land
    Lot Size
    54,014 SF

    HighLights

    • $150,000 asking price.
    • 1.24‑acre industrial land parcel.
    • M1 zoning.
    • Located at 8695 Twinbrook Rd, Mentor, OH 44060 (APN: 16B055D000160).
    • Excellent access to Northeast Ohio markets via SR‑2.
    • Utilities available on‑site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -81.326948587509
    Latitude
    41.687510031159

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    FAQs

    What type of property is this?
    Land - 1.24-acre M1-zoned lot, prime location.
    Where is this land located?
    The property is located at 8695 Twinbrook Rd Mentor, OH.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: $150,000 asking price.; 1.24-acre industrial land parcel.; M1 zoning.
    Request Owner's contact information
    8695 Twinbrook Rd Mentor, OH 44060
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    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
    8695 Twinbrook Rd Mentor, OH 44060
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