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Property profile & analytics
OFF-MARKET
Land

0 Heisley Rd Mentor, OH 44060

15.42 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.42-acre parcel of land, located on Heisley Road in Mentor, Ohio (zip code 44060), presents a unique investment opportunity. The property boasts 585 feet of frontage on Heisley Road and is zoned M-1, Light Industrial, allowing for a variety of commercial and industrial uses with conditional use permits. The site features all utilities readily available. Its strategic location offers excellent visibility and accessibility, situated adjacent to LaMalfa's Party Center and Hotel, and in close proximity to State Route 2, State Route 44, and Interstate 90, ensuring high traffic volume. This prime location makes it ideal for a range of developments, including hotels, fast-food restaurants, or storage facilities. The property's APN is 16B065000005 and 16B065000006. Further enhancing its appeal, economic incentives may be available for qualified projects. This high-traffic area presents a compelling opportunity for significant return on investment. The asking price for this exceptional property is $1,033,140.

Property profile
Verified
Property type Land
Lot 15.42 ac (671,695 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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