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    Property profile & analytics

    1656 Mentor Ave Painesville, OH 44077-1707

    • Office buildings
    • 2,637 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $175,000
    Last Sale
    Jun 27, 2022
    $275,000
    Location Intelligence
    Property ID
    US66-6096418
    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

    • Office buildings

    Property Details for 1656 Mentor Ave

    Year built
    1965
    Lot size
    0.23 lot acres
    Property size
    2,637 SF
    Zone code
    B3
    Property type
    Office buildings
    APN
    11-A-016-H-00-001-0
    APU
    11A016H000010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $155,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $220,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $225,000
      Mixed-Use
      $230,000
      Hospitality
      $210,000
      Educational
      $200,000
      Residential Income
      $195,000
      Energy
      $220,000
      Income-Based Land
      $200,000
      Food Service
      $180,000

    Location Insight

    • Map
    • Local Demand
    City
    Painesville
    County
    Lake
    State
    Ohio
    Longitude
    -81.2805
    Latitude
    41.6976
    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
    $5,566
    $19,300
    $31,780
    $51,080
    -
    $55,130
    $90,790
    $145,920

    Comparable in this City

    • Value Estimation
      $525,000
      7,350 SF

      9954 Johnnycake Rdg Rd

      OFFICE BUILDING • 7,350 SF
      9954 Johnnycake Rdg Rd, Concord Township, OH 44077-2134
      View Details
    • Value Estimation by Request
      2,028 SF

      51 Johnnycake Rdg Rd

      OFFICE BUILDING • 2,028 SF
      51 Johnnycake Rdg Rd, Painesville, OH 44077-2420
      View Details
    • Value Estimation
      $245,000
      5,760 SF

      166 Main St

      OFFICE BUILDING (MULTI-STORY) • 5,760 SF
      166 Main St, Painesville, OH 44077-3403
      View Details
    • Value Estimation
      $515,000
      8,718 SF

      1701 Mentor Ave

      OFFICE BUILDING • 8,718 SF
      1701 Mentor Ave, Painesville, OH 44077-1459
      View Details
    • Value Estimation
      $345,000
      9,188 SF

      382 Blackbrook Rd

      OFFICE BUILDING • 9,188 SF
      382 Blackbrook Rd, Painesville, OH 44077-1294
      View Details
    • Value Estimation
      $285,000
      8,012 SF

      7466 Auburn Rd

      OFFICE BUILDING • 8,012 SF
      7466 Auburn Rd, Concord Township, OH 44077-6700
      View Details

    Similar Nearby for Sale

    • $699,900
      0.53 Acres

      Distinctive Commercial Building on Mentor Avenue

      High-profile commercial building with excellent visibility and accessibility.
      1100 Mentor Ave, Painesville, OH 44077
      View Details
    • $150,000
      Pending

      Painesville Commercial Building For Sale

      Well-maintained commercial building with long-term tenant in place.
      161 E Washington St, Painesville, OH 44077
      View Details
    • $160,000
      0.38 Acres

      Painesville Commercial Property For Sale

      Commercial property with B-3 zoning, suitable for office or retail.
      10 Palmer Ave, Painesville, OH 44077
      View Details
    • $575,000
      4.45 Acres

      Painesville Warehouse - $575K

      Industrial building, 21,046 sq ft, 4.45 acres
      466 Jackson St, Painesville, OH 44077
      View Details
    • $91,500
      Pending

      Spacious Residential Lot in Painesville

      1.93-acre residential lot with development potential in Painesville Township.
      500 Park Road Ext, Painesville, OH 44077
      View Details
    • $1,700,000
      28,606 SF

      Versatile Commercial Space with Apartments

      25,772± SF commercial space with residential units.
      1840 Mentor Ave, Painesville, OH 44077
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      4,000 SF

      Prime Concord Office Space

      4,000 SF Available, Lake County
      7757 Auburn Rd, Painesville, OH 44077
      View Details
    • $18 SF/Yr
      1,660 SF

      Painesville Office Space For Rent

      1,660 SF office space in a highly visible location.
      8003-8007 Auburn Rd, Painesville, OH 44077
      View Details
    • $425 /Mo
      31,799 SF

      Concord Office Space For Rent

      Office space for rent in Concord, Ohio, zoned B1.
      7466 Auburn Rd, Concord Township, OH 44077
      View Details
    • $12 SF/Yr
      1,600 SF

      Move-In Ready Office Space

      1,600 sq ft Class B office space for lease.
      368 Blackbrook Rd, Painesville, OH 44077
      View Details
    • Contact for pricing
      1,500 SF

      Shell Office/Medical Space Available

      1,500 SF shell space with in-suite restrooms for lease.
      7965 Auburn Rd, Concord Township, OH 44077
      View Details
    • $2,000 /Mo
      31,799 SF

      Concord Office Space For Rent

      Office spaces available in Concord, OH with utilities included.
      7466 Auburn Rd, Concord Township, OH 44077
      View Details
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    Painesville, OH 44077-1707
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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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