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    7000 Spinach Dr Mentor, OH 44060

    For Sale
    $125,000

    1.46 Acres, $125,000 - Ideal Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.463-acre parcel, identified by APN numbers 16B039C000210 and 16B039C000200, presents a unique investment opportunity in Mentor, Ohio. Located at 7000 Spinach Dr, 44060, this property boasts an M-1 zoning designation, opening doors to a variety of commercial and industrial development possibilities. The land's strategic location within Lake County offers convenient access to major transportation routes and a thriving local economy. Priced competitively at $125,000, this offering represents a significant value proposition for discerning investors seeking a foothold in the dynamic Mentor market. The property's size and zoning make it suitable for a range of projects, from small-scale commercial ventures to larger-scale industrial developments. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to acquire a prime piece of land in a highly sought-after location. Serious inquiries only. This is a rare opportunity to secure a substantial land holding in a rapidly developing area of Mentor. The property's address is clearly defined, and its location offers excellent visibility and accessibility. This is an ideal investment for those seeking long-term growth potential in a stable and prosperous community.

    Property Features for 7000 Spinach Dr

    General Information

    Property type
    Land
    Lot Size
    63,728 SF

    HighLights

    • 1.463‑acre parcel in Mentor, OH (APN 16B039C000210 & 16B039C000200), located at 7000 Spinach Dr, 44060.
    • M‑1 zoning allows for diverse commercial/industrial development.
    • Strategically located in Lake County with convenient access to major transportation routes.
    • Priced at $125,000.
    • Suitable for various projects, from small‑scale commercial to large‑scale industrial development.
    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 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
    -81.3448175
    Latitude
    41.6806229

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    FAQs

    What type of property is this?
    Land - 1.46 Acres, $125,000 - Ideal Development
    Where is this land located?
    The property is located at 7000 Spinach Dr Mentor, OH.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 1.463-acre parcel in Mentor, OH (APN 16B039C000210 & 16B039C000200), located at 7000 Spinach Dr, 44060.; M-1 zoning allows for diverse commercial/industrial development.; Strategically located in Lake County with convenient access to major transportation routes.
    (330) 940-9360
    Request Owner's contact information
    7000 Spinach Dr 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
    7000 Spinach Dr Mentor, OH 44060
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