720 Mentor Ave Painesville, OH 44077
This exceptional 0.47-acre commercial land parcel presents a unique development opportunity in Painesville, Ohio. Located at 720 Mentor Ave, this property boasts unparalleled visibility due to its prime position on US-20 (Mentor Avenue), ensuring high traffic exposure for any future development. The land is zoned for Commercial and Multifamily use, offering flexibility for a variety of projects. The topography is well-suited for multi-unit residential construction, mirroring the adjacent property's successful development. This ready-to-build site is priced competitively at $102,000 and features an APN of 15-C-019-0-00-037. Its location in Lake County, Ohio, zip code 44077, provides easy access to local amenities and transportation routes. The high visibility and versatile zoning make this an ideal investment for developers seeking a prime location to build a thriving commercial or residential project. Seize this opportunity to capitalize on the potential of this exceptional property and create a successful venture in a desirable area. Don't miss out on this chance to acquire a highly visible and versatile development site in a thriving Ohio community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.