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    Lindsay Dr Mentor, OH 44060

    Sponsored
    For Sale
    $200,000

    1.51-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.51-acre commercial land parcel presents a rare opportunity in Mentor, Ohio. Located in Lake County (APN: 16B038D000010), this property is zoned MIP, Industrial Park, making it ideal for a variety of industrial uses. The lot boasts convenient access, situated just off Route 2 at the Route 615/Center Street exit, providing excellent visibility and easy access to major transportation routes. All utilities are readily available at the street, simplifying development and construction. Annual real estate taxes are $3,330.14. This is the last industrial parcel of this size available in Mentor, making it a highly sought-after investment. The property's strategic location offers access to a wealth of amenities in the immediate area, enhancing its overall appeal and potential. With a motivated seller and an asking price of $200,000, this is a compelling opportunity to acquire a prime piece of commercial land in a thriving Ohio market. Don't miss this chance to secure this valuable asset.

    Property Features for 0 Lindsay Dr

    General Information

    Property type
    Land
    Lot Size
    65,776 SF

    HighLights

    • 1.51‑acre land parcel.
    • Property PIN: 16b038d000010, Lake County.
    • Mip/Industrial Park zoning.
    • All utilities available at the street.
    • Annual property taxes: $3,330.14.
    • Convenient location off Route 2, at the Route 615/Center Street exit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.3414046
    Latitude
    41.6802295

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    FAQs

    What type of property is this?
    Land - 1.51-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Lindsay Dr Mentor, OH.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: 1.51-acre land parcel.; Property PIN: 16b038d000010, Lake County.; Mip/Industrial Park zoning.
    Request Owner's contact information
    Lindsay Dr 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
    Lindsay Dr Mentor, OH 44060
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