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    Property profile & analytics

    1544 Mentor Ave Painesville, OH 44077-1705

    • Medical offices
    • 5,000 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 16, 2024
    Location Intelligence
    Property ID
    US66-1761577
    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

    • Medical offices

    Property Details for 1544 Mentor Ave

    Year built
    1985
    Lot size
    0.28 lot acres
    Property size
    5,000 SF
    Zone code
    R1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    11-A-016-A-00-012-0
    APU
    11A016A000120

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Painesville
    County
    Lake
    State
    Ohio
    Longitude
    -81.2775
    Latitude
    41.6998
    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
    $7,409
    $29,350
    $54,270
    $83,620
    -
    $83,850
    $155,070
    $238,920

    Comparable in this City

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      7,970 SF

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      9659 Old Johnnycake Rdg Rd

      MEDICAL BUILDING • 3,245 SF
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      77 Normandy Dr

      MEDICAL BUILDING • 3,744 SF
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      3933 Ln Rd

      MEDICAL BUILDING • 2,900 SF
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      $235,000
      15,157 SF

      50 Normandy Dr

      MEDICAL BUILDING • 15,157 SF
      50 Normandy Dr, Painesville, OH 44077-1600
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    • Value Estimation
      $275,000
      7,234 SF

      1016 Bank St

      MEDICAL BUILDING • 7,234 SF
      1016 Bank St, Painesville, OH 44077-3748
      View Details

    Similar Nearby for Sale

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      Versatile Commercial Space with Apartments

      25,772± SF commercial space with residential units.
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    Similar Nearby for Lease

    • $11 SF/Yr
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      Prime Concord Office Space

      4,000 SF Available, Lake County
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      Fredle Drive Office Spaces Available

      Office spaces for rent on Fredle Drive, Concord Twp, OH.
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    • $2,000 /Mo
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      Concord Office Space For Rent

      Office spaces available in Concord, OH with utilities included.
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    • $13 SF/Yr
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      Downtown Painesville Redevelopment Opportunity

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    1544 Mentor Ave
    Painesville, OH 44077-1705
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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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