Technical
Financial
Distress signals
Property profile

1435 Mentor Ave Painesville, OH 44077

OFF-MARKET
Grocery and convenience stores
Property ID
US66-6297814
1,260 SF 0.64 ac lot Built 1957
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property at 1435 Mentor Avenue, Painesville, Ohio 44077, is a gasoline service station site on a 0.61-acre lot in Lake County. It is configured to support fuel sales and a convenience retail operation, including a mini-mart/convenience store plus a fast-food and sandwich shop. The premises include an Ohio beer & wine license and lottery sales as part of the property’s operating configuration, and it is equipped with fixtures and equipment intended to support continued operations. The sale is described as including the land, the building, and business assets.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 1957
Total area 1,260 SF
Lot 0.64 ac (27,704 SF)
Zoning code B-3
APN 11-A-011-0-00-004-0
UPID US66-6297814

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Grocery & Convenience Store
  • Atm
  • Car Rental Facility

Location

1435 Mentor Ave Painesville, OH 44077-1801
Painesville metro Census 204700 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2023
Last sale
$325,000
6 recorded transactions
2023
$325,000
2022
$325,000
2018
$180,000
2017
$23,500
2005
$45,950
1969
Price N/A

Zoning & alternative use

B-3 · Painesville, OH
Zoning description

B-3 Central Business DD Downtown Development M-1 Light Industrial M-2 Industrial Zoning Overlays: Design Districts, Historic Districts, PUD For more detail regarding zoning regulations for each district, see Chapter 1113…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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