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    7430 Mentor Ave Mentor, OH 44060

    • Retail space
    • 2,562 SF
    • 0.51 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US66-2025282
    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 7430 Mentor Ave

    Year built
    1967
    Lot size
    0.51 lot acres
    Property size
    2,562 SF
    Zone code
    B-2
    Property type
    Retail space
    APN
    16-A-001-D-00-033-0
    APU
    16A001D000330

    Description

    This exceptional 1-acre commercial land parcel presents a unique redevelopment opportunity in the thriving city of Mentor, Ohio. Strategically located at the highly visible intersection of Mentor Avenue and Reynolds Road (State Route 306), this site benefits from an average daily traffic count of 21,639 vehicles. Its prime location between State Route 2 and Interstate 90 ensures unparalleled exposure and accessibility. The property boasts outstanding frontage and visibility, making it ideal for a variety of retail developments. An existing pylon sign is in place, offering immediate branding potential. The surrounding area is anchored by established national retailers including Marc's, Old Navy, Marshalls, and DSW, creating a strong retail environment and attracting a significant consumer base. This site is perfectly positioned to capitalize on the high traffic volume and strong retail presence in this established commercial corridor. The property's size and location make it an attractive investment for developers seeking a high-impact retail project in a densely populated and easily accessible area. This is a rare opportunity to acquire a premier redevelopment site in a highly desirable location with exceptional visibility and traffic counts. The property is zoned for commercial use and is ready for immediate development. Contact us today to learn more about this exciting opportunity.

    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
    -81.3756
    Latitude
    41.6534
    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
    $6,457
    $69,300
    $19,250
    $88,550
    -
    $198,000
    $55,000
    $253,000

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      7247 Center St

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    • Value Estimation by Request
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      8661 Mentor Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,085 SF
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    • Value Estimation by Request
      3,656 SF

      8837 Mentor Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,656 SF
      8837 Mentor Ave, Mentor, OH 44060-6211
      View Details
    • Value Estimation
      $360,000
      7,098 SF

      7540 Mentor Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,098 SF
      7540 Mentor Ave, Mentor, OH 44060-5418
      View Details
    • Value Estimation
      $3,390,000
      6,888 SF

      7720 Mentor Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,888 SF
      7720 Mentor Ave, Mentor, OH 44060-5433
      View Details
    • Value Estimation
      $390,000
      15,976 SF

      9500 Diamond Ctr Dr

      RETAIL STORES (PERSONAL SERVICES) • 15,976 SF
      9500 Diamond Ctr Dr, Mentor, OH 44060-1876
      View Details

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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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