1701 Mentor Ave Painesville, OH 44077-1459
- Office buildings
- 8,718 SF
- 0.76 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1701 Mentor Ave
- Year built
- 1960
- Lot size
- 0.76 lot acres
- Property size
- 8,718 SF
- Zone code
- R1
- Property type
- Office buildings
- APN
- 11-A-015-L-00-017-0
- APU
- 11A015L000170
Description
This exceptional executive office space, located at 1701 Mentor Avenue in Lake County, offers a prime opportunity for businesses seeking a prestigious address. The property boasts a total of 1,630 square feet, currently entirely vacant and available for lease. Flexible lease terms are available for spaces ranging from a minimum of 500 square feet to a maximum contiguous space of 1,130 square feet, making it ideal for a variety of business sizes and needs. The building is situated in a desirable office park setting, providing a professional and attractive environment for your company. Benefit from excellent street signage visibility, ensuring your business is easily noticed by potential clients and customers. Ample parking is available for employees and visitors, adding to the convenience and appeal of this location. The property enjoys a high traffic count exceeding 15,000 vehicles daily, guaranteeing significant exposure. Its advantageous township location eliminates city income tax, offering significant financial benefits. Furthermore, its strategic location provides quick access to Route 44, State Route 2, and Interstate 90, ensuring easy commutes for employees and clients alike. This is a rare opportunity to secure high-quality office space in a highly desirable and accessible location. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $495,000
- 6.5%
- $525,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $465,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $525,000
- Retail
- $475,000
- Mixed-Use
- $610,000
- Hospitality
- $570,000
- Educational
- $495,000
- Residential Income
- $530,000
- Energy
- $570,000
- Income-Based Land
- $610,000
- Food Service
- $545,000
Location Insight
- Map
- Local Demand
- City
- Painesville
- County
- Lake
- State
- Ohio
- Longitude
- -81.2806
- Latitude
- 41.696
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA