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    Property profile & analytics

    7501 Mentor Ave Mentor, OH 44060

    • Retail properties
    • 40,254 SF
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 7501 Mentor Ave

    Property size
    40,254 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    Colonial Plaza, located at 7501 Mentor Avenue in Mentor, Ohio (zip code 44060), presents a compelling opportunity for businesses seeking office space in a vibrant retail corridor. This multi-tenant property, classified as both retail and office, offers a total of 40,254 square feet. The building's traditional office design is ideal for a variety of businesses. Currently, there are 10 available spaces ranging in size from a minimum of 150 square feet to a maximum contiguous space of 4,000 square feet

    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
    -81.3732
    Latitude
    41.6554

    Comparable in this City

    • Value Estimation by Request

      6989 Heisley Rd

      Neighborhood centers
      6989 Heisley Rd, Mentor, OH 44060
      View Details
    • Value Estimation by Request
      1,500 SF

      7247 Center St

      Lifestyle centers • 1,500 SF
      7247 Center St, 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
      9,703 SF

      7743 Mentor Ave

      Restaurants • 9,703 SF
      7743 Mentor Ave, Mentor, OH 44060
      View Details
    • Value Estimation by Request
      10,640 SF

      5768 Andrews Rd

      Individual retail properties • 10,640 SF
      5768 Andrews Rd, Mentor-on-the-Lake, OH 44060
      View Details
    • Value Estimation by Request
      1,085 SF

      8661 Mentor Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,085 SF
      8661 Mentor Ave, Mentor, OH 44060-6139
      View Details

    Similar Nearby for Sale

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      Daycare Investment Property For Sale

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      Freestanding Building with Vacant Land

      7,745 SF building on 1.95 acres with expansion potential.
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      Restaurant/Bar/Retail Site For Sale

      Restaurant, bar, and retail site with renovated space and outdoor patio.
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    • Contact for pricing
      5,000 SF

      Mentor Office Building - 5,000 SF

      High-traffic location, immediate occupancy. Excellent investment.
      7211 Center St, Mentor, OH 44060
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    Similar Nearby for Lease

    • Contact for pricing
      40,254 SF

      Colonial Plaza: Mentor Office Space

      Prime Mentor office suites, 10 spaces available.
      7501 Mentor Ave, Mentor, OH 44060
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    • Contact for pricing
      69,784 SF

      Concord Plaza Office Suites

      Mentor Office Space: 9 Suites Available
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    • Contact for pricing
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      Mentor West Center: Premier Office Space

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      65,100 SF

      Mentor Retail Space Available

      High-traffic retail spaces, ideal for large tenants.
      7721-7723 Mentor Ave, Mentor, OH 44060
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    • $15 SF/Yr
      1,500 SF

      Center Station Plaza Retail Space

      1,500 SF Retail Space in Mentor, OH
      7247 Center St, Mentor, OH 44060
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    • Contact for pricing
      1,030 SF

      Walmart-Anchored Mentor Retail Space

      High-traffic retail space, excellent visibility.
      6989 Heisley Rd, Mentor, OH 44060
      View Details
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    7501 Mentor Ave
    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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