1025/1083 Mentor Ave Painesville, OH 44077
This exceptional 4.81-acre commercial land parcel, located at 1025/1083 Mentor Avenue (US RT 20) in Painesville, Ohio, presents a unique redevelopment opportunity. The property boasts two existing buildings totaling 5,815 square feet, constructed in 1910 and renovated in 1998. The single-story structures sit on a sizable lot with convenient access to major roadways, including SR 44 and I-90. The property features approximately 325 feet of frontage along US Route 20, ensuring high visibility and accessibility. The site benefits from existing utilities and is zoned for commercial use (APN: 15-C-036-J-00-008-0). Its strategic location adjacent to the Lake County YMCA further enhances its appeal. Economic incentives may be available for qualified redevelopment projects. This property is ideal for investors seeking a prime location with significant development potential in a thriving Ohio community. The property's size and location offer a multitude of possibilities for a variety of commercial ventures. Don't miss this chance to acquire a significant piece of Painesville's commercial landscape.
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
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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.