Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5881 Heisley Rd Mentor, OH 44060

    Sponsored
    For Sale
    $2,500,000

    9.45 Acres, M-1 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.45-acre parcel presents a rare opportunity for development in Mentor, Ohio. Strategically located at the Route 2 and Heisley Road interchange, this property boasts approximately 465 feet of frontage on Heisley Road, a major thoroughfare experiencing over 21,000 vehicles per day. The M-1 Light Industrial zoning allows for a wide range of uses, making it ideal for businesses seeking high visibility and convenient access to transportation networks. The property consists of three existing buildings, each single-story, situated on the 9.45-acre lot (APN: 16B0640000070). This is one of the few remaining vacant land parcels in Mentor, offering significant potential for investors and developers. The asking price is $2,500,000. Its location in Lake County, Ohio, and its proximity to major roadways make this a highly desirable site for various industrial and commercial ventures. Don't miss this chance to acquire a prime piece of real estate in a thriving Ohio market. The property's address is 5881 Heisley Rd, Mentor, OH 44060.

    Property Features for 5881 Heisley Rd

    General Information

    Property type
    Land
    Lot Size
    411,642 SF

    Building Details

    Buildings
    3
    Stories
    1
    Property Profile 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
    -81.300302
    Latitude
    41.710455

    Nearby Similar for Sale

    • $299,000
      0.20 Acres

      Turnkey Restaurant Opportunity in Mentor

      Freestanding building with retail/restaurant space and patio in Mentor.
      7224 Center St, Mentor, OH 44060
      View Details
    • $550,000
      0.85 Acres

      Redevelopment Opportunity in Mentor, Ohio

      Free-standing building and single-family dwelling ideal for retail redevelopment.
      9047 Mentor Ave, Mentor, OH 44060
      View Details
    • $575,000
      2.05 Acres

      Historical Retail Property in Mentor

      5,159 SF retail property with outdoor space for sale/lease.
      8455 Station St, Mentor, OH 44060
      View Details
    • $900,000
      1.36 Acres

      Daycare Investment Property For Sale

      6,000 SF building with long-term daycare tenant in Mentor, OH.
      6970 Heisley Rd, Mentor, OH 44060
      View Details
    • $675,000
      3,880 SF

      Unique Spa and Wellness Opportunity

      Turnkey spa and wellness business with real estate for sale.
      9124-9146 Tyler Blvd, Mentor, OH 44060
      View Details
    • $185,000

      Spacious Condo in Deepwood Estates

      Move-in ready, three-bedroom condo with updated features and amenities.
      8300 Deepwood Blvd, Mentor, OH 44060
      View Details
    • $2,495,000
      31,745 SF

      High-Quality Manufacturing Property in Mentor

      31,745 SF manufacturing property with ample parking.
      7770 Division Dr, Mentor, OH 44060
      View Details
    • Contact for pricing
      9,774 SF

      Industrial/Flex Building on Hopkins Road

      9,774± SF industrial/flex building on 0.86± acre lot.
      6520 Hopkins Rd, Mentor, OH 44060
      View Details
    • $1,035,720
      11,508 SF

      Tyler Blvd Flex/Warehouse Opportunity

      Office and warehouse space available on Tyler Blvd.
      8822 Tyler Blvd, Mentor, OH 44060
      View Details
    • $995,000
      2,992 SF

      Restaurant/Bar/Retail Site For Sale

      Restaurant, bar, and retail site with renovated space and outdoor patio.
      9528 Diamond Centre Dr, Mentor, OH 44060
      View Details
    • $689,000
      1,788 SF

      Freestanding Building on Mentor Avenue

      1,788 SF building with drive-thru and ample parking.
      7652 Mentor Ave, Mentor, OH
      View Details
    • $4,000,000
      32,840 SF

      Two-Story Office Building in Mentor

      32,840 SF two-story office building on 2.53 acres.
      8445 Munson Rd, Mentor, OH 44060
      View Details

    FAQs

    What type of property is this?
    Land - 9.45 Acres, M-1 Zoning, High Traffic
    Where is this land located?
    The property is located at 5881 Heisley Rd Mentor, OH.
    What is the asking price?
    The asking price for this property is $2,500,000.
    Request Owner's contact information
    5881 Heisley Rd Mentor, OH 44060
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5881 Heisley Rd
    Mentor, OH 44060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5881 Heisley Rd Mentor, OH 44060
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.