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    Property profile & analytics

    7247 Center St Mentor, OH 44060

    • Lifestyle centers
    • 1,500 SF
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 7247 Center St

    Property size
    1,500 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    Center Station Plaza, located at 7247 Center Street in Mentor, Ohio (zip code 44060), presents a prime retail opportunity. This single-tenant space offers a total of 1,500 square feet, ideal for a variety of retail businesses. The property is classified as a shopping center/storefront and is situated in a highly visible location on Center Street, ensuring excellent exposure to potential customers. The entire 1,500 square feet is currently vacant and available for immediate occupancy. There is no possibility of dividing the space into smaller units

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.3397
    Latitude
    41.6736

    Comparable in this City

    • Value Estimation by Request
      27,547 SF

      7585 Mentor Ave

      Lifestyle centers • 27,547 SF
      7585 Mentor Ave, Mentor, OH 44060
      View Details
    • Value Estimation by Request

      6989 Heisley Rd

      Neighborhood centers
      6989 Heisley Rd, Mentor, OH 44060
      View Details
    • Value Estimation by Request
      106,553 SF

      5929 Andrews Rd

      Strip malls • 106,553 SF
      5929 Andrews Rd, Mentor-on-the-Lake, OH 44060
      View Details
    • Value Estimation by Request
      40,254 SF

      7501 Mentor Ave

      Individual retail properties • 40,254 SF
      7501 Mentor Ave, Mentor, OH 44060
      View Details
    • Value Estimation by Request
      2,100 SF

      7501 Mentor Ave

      Individual retail properties • 2,100 SF
      7501 Mentor Ave, Mentor, OH 44060
      View Details
    • Value Estimation by Request
      3,652 SF

      7359 Lk Shr Blvd

      SHOPPING CENTER, STRIP CENTER • 3,652 SF
      7359 Lk Shr Blvd, Mentor, OH 44060-3552
      View Details

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    Similar Nearby for Lease

    • $15 SF/Yr
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      Center Station Plaza Retail Space

      1,500 SF Retail Space in Mentor, OH
      7247 Center St, Mentor, OH 44060
      View Details
    • $10 SF/Yr
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      Prime Mentor Retail Space

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    • Contact for pricing
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      Mentor Retail Space Available

      High-traffic retail spaces, ideal for large tenants.
      7721-7723 Mentor Ave, Mentor, OH 44060
      View Details
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    7247 Center St
    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
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