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    8383 Tyler Blvd Mentor, OH 44060

    For Lease
    Contact for pricing

    Prime Mentor, OH Retail Land

    Lot size:
    42,253 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional retail opportunity consists of two outparcels totaling one acre, ideally situated in front of a Giant Eagle grocery store in Mentor, Ohio. The property boasts excellent visibility and accessibility, with frontage on both Center Street (38,559 vehicles per day) and Tyler Boulevard (9,426 vehicles per day), ensuring high traffic exposure for any business. This strategic location places the property within Mentor's vibrant retail trade area, Ohio's sixth largest, guaranteeing a substantial customer base. The site's proximity to Mentor High School (2,405 students) provides a consistent flow of potential customers. Furthermore, its advantageous position abutting the Route 2 Interchange and the Tyler Road corridor, Mentor's highest concentration of businesses, offers unparalleled convenience and connectivity. The single-tenant property presents a unique chance to establish a thriving retail presence in a high-demand area with exceptional visibility and access to a large and diverse customer base. This is an ideal location for businesses seeking strong traffic counts and a prime position within a thriving commercial hub. The property's size and location make it suitable for a variety of retail uses. The combination of high traffic volume, proximity to a major grocery store, and location within a densely populated area makes this an exceptional investment opportunity.

    Property Features for 8383 Tyler Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,253 SF

    Unit(s) available at that property

    Space
    Size
    42,253 SF

    HighLights

    • Two outparcels located in front of a Giant Eagle grocery store.
    • Excellent visibility and signage on Center Street (38,559 VPD) and Tyler Blvd (9,426 VPD).
    • Prime location in Mentor, OH, within Ohio's 6th largest retail trade area.
    • Proximity to Mentor High School (2,405 students).
    • Strategic location abutting the Route 2 Interchange and Tyler Road, Mentor's highest concentration of businesses.
    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
    -81.3413358
    Latitude
    41.6850851

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    FAQs

    What type of property is this?
    Land - Prime Mentor, OH Retail Land
    Where is this land located?
    The property is located at 8383 Tyler Blvd Mentor, OH.
    What are key features of this property?
    This property features: Two outparcels located in front of a Giant Eagle grocery store.; Excellent visibility and signage on Center Street (38,559 VPD) and Tyler Blvd (9,426 VPD).; Prime location in Mentor, OH, within Ohio's 6th largest retail trade area.
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    8383 Tyler Blvd 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
    8383 Tyler Blvd Mentor, OH 44060
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