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Property profile & analytics
OFF-MARKET
Land

720 Mentor Ave Painesville, OH 44077

0.47 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.47 ac (20,473 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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