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    9500 Diamond Centre Dr Mentor, OH 44060

    • Retail space
    • 15,976 SF
    • 1.77 lot acres
    For Lease
    View listing
    Value Estimation
    $390,000
    Last Sale
    Sep 28, 2020
    $433,000
    Location Intelligence
    Property ID
    US66-2778871
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 9500 Diamond Centre Dr

    Year built
    1999
    Lot size
    1.77 lot acres
    Property size
    15,976 SF
    Property type
    Retail space
    APN
    16-B-066-A-00-006-0
    APU
    16B066A000060

    Description

    Trask Tower offers exceptional retail opportunities in Mentor, Ohio. This multi-tenant building, located at 9500 Diamond Centre Dr, boasts a total of 16,168 square feet. Currently, two spaces are available, ranging from 1,100 to 1,935 square feet, perfect for a variety of businesses. The property enjoys excellent street-front visibility, ensuring high exposure to potential customers. Its strategic location near the intersection of Heisley Road and Diamond Centre Drive places it in a high-traffic area, benefiting from the substantial foot and vehicle traffic generated by nearby businesses such as Atlas Cinemas, Home Depot, and Sam's Club. The surrounding area also features a diverse mix of fast-food and full-service restaurants, creating a vibrant and convenient environment for both tenants and customers. Ample parking is available, ensuring easy access for patrons. This property presents a unique opportunity for businesses seeking a high-visibility location in a thriving commercial area within Lake County, Ohio, zip code 44060. The property is classified as retail and is categorized as multi-tenant.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $335,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $365,000
      Mixed-Use
      $355,000
      Hospitality
      $395,000
      Educational
      $305,000
      Residential Income
      $315,000
      Energy
      $325,000
      Income-Based Land
      $405,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.2986
    Latitude
    41.7144
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $56,148
    $140,000
    $630,000
    $770,000
    -
    $400,000
    $1,800,000
    $2,200,000

    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
      40,254 SF

      7501 Mentor Ave

      Individual retail properties • 40,254 SF
      7501 Mentor Ave, Mentor, OH 44060
      View Details
    • Value Estimation by Request
      7,944 SF

      7240 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 7,944 SF
      7240 Ctr St, Mentor, OH 44060-4908
      View Details
    • Value Estimation
      $175,000
      3,394 SF

      8433 Mentor Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,394 SF
      8433 Mentor Ave, Mentor, OH 44060-5816
      View Details
    • Value Estimation
      $240,000
      2,811 SF

      8679 Mentor Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,811 SF
      8679 Mentor Ave, Mentor, OH 44060-6139
      View Details
    • Value Estimation
      $600,000
      10,480 SF

      8484 Mentor Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,480 SF
      8484 Mentor Ave, Mentor, OH 44060-5817
      View Details

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    Similar Nearby for Lease

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    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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