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    Lakeshore Blvd Mentor, OH 44060

    For Sale
    $115,000

    Prime commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.74-acre parcel of land is located on Lakeshore Blvd in Mentor, Ohio, zip code 44060. The property is zoned B-2, allowing for a variety of commercial uses. All utilities are readily available, making this site exceptionally convenient for development. The land is situated in a new development area, offering significant growth potential and a modern, forward-thinking environment. Its strategic location offers easy access to major transportation routes, including close proximity to SR 44 and Heisley Road, ensuring excellent visibility and accessibility for any business. Furthermore, the property's proximity to the Blackbrook Country Club adds to its desirability and potential for attracting clientele. This is a rare opportunity to acquire a sizable commercial lot in a thriving area, presenting a strong investment prospect for developers and entrepreneurs seeking a prime location for their ventures. The asking price for this exceptional property is $115,000.

    Property Features for 0 Lakeshore Blvd

    General Information

    Property type
    Land
    Lot Size
    75,794 SF

    HighLights

    • 1.7‑acre commercial parcel available.
    • Commercially zoned.
    • All utilities on‑site.
    • Situated in a new development.
    • Minutes from Blackbrook Country Club.
    • Convenient access to SR 44 (Heisley Rd).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.30918158
    Latitude
    41.72440913

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    FAQs

    What type of property is this?
    Land - Prime commercial land, ideal for development.
    Where is this land located?
    The property is located at Lakeshore Blvd Mentor, OH.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: 1.7-acre commercial parcel available.; Commercially zoned.; All utilities on-site.
    (440) 255-5552
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    Lakeshore Blvd 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
    Lakeshore Blvd Mentor, OH 44060
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