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Property profile & analytics

1701 Mentor Ave Painesville, OH 44077-1459

  • Office buildings
  • 8,718 SF
  • 0.76 lot acres
OFF-MARKET
Last Sale
Mar 01, 2024
$515,000
Value Estimations
$515,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US66-6228395
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 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 Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $515,000
    ML approach
    $515,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $511,000
    Market price range: $356k - $1.00M
    AI Estimate
    $380,000
    Market price range: $236k - $726k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $630,000
    Current use
    AUTO REPAIR, GARAGE
    $730,000
    Change: +16% Conversion: Difficult
    MEDICAL BUILDING
    $615,000
    Change: -3% Conversion: Easy
    COMMERCIAL (GENERAL)
    $530,000
    Change: -16% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


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

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
$10,810
$70,440
$62,690
$133,130
-
$201,250
$179,120
$380,370
More about this property
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