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    Property profile & analytics

    5800 Andrews Rd Mentor On The Lake, OH 44060-2669

    • Office buildings
    • 12,000 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Last Sale
    Jan 15, 2021
    $267,000
    Location Intelligence
    Property ID
    US66-1828699
    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 5800 Andrews Rd

    Year built
    1971
    Construction
    WOOD
    Lot size
    1.03 lot acres
    Property size
    12,000 SF
    Zone code
    0BLDG
    Property type
    Office buildings
    APN
    19-A-091-0-00-012-0
    APU
    19A0910000120

    Description

    This exceptional 1,250 square foot executive office space is available for lease within a larger 12,000 square foot, two-story retail and office building located at 5800 Andrews Road in Mentor-on-the-Lake, Ohio, zip code 44060. The property, classified as Class C, was constructed in 1971 and features a multi-tenant occupancy. The suite offers a fantastic opportunity for businesses seeking a well-located office space in the Northeast Cleveland submarket of Lake County. The building's address is 5800 Andrews Rd, and its APN is 19A0910000120 & 130. This particular space is part of a larger strip center, providing convenient access and high visibility. The property's location in Mentor-on-the-Lake offers easy access to major transportation routes, making it an ideal location for businesses needing convenient commutes for employees and clients. The available space presents a blank canvas for businesses to customize and create their ideal workspace. Serious inquiries are encouraged to explore this leasing opportunity further. The total building size is 12,000 square feet, with 1,250 square feet currently vacant and ready for immediate occupancy.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $195,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $230,000
      7%
      $230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $190,000
      Mixed-Use
      $215,000
      Hospitality
      $230,000
      Educational
      $205,000
      Residential Income
      $225,000
      Energy
      $235,000
      Income-Based Land
      $210,000
      Food Service
      $215,000

    Location Insight

    • Map
    • Local Demand
    City
    Mentor On The Lake
    County
    Lake
    State
    Ohio
    Longitude
    -81.3617
    Latitude
    41.7138
    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
    $11,835
    $38,750
    $93,340
    $132,090
    -
    $110,700
    $266,680
    $377,380

    Comparable in this City

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    • Value Estimation by Request
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    • Value Estimation
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      4,293 SF

      6006 Andrews Rd

      OFFICE BUILDING • 4,293 SF
      6006 Andrews Rd, Mentor On The Lake, OH 44060-2822
      View Details
    • Value Estimation by Request
      3,200 SF

      6738 Ctr St

      OFFICE BUILDING • 3,200 SF
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    • Value Estimation
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      2,400 SF

      7340 Ctr St

      OFFICE BUILDING • 2,400 SF
      7340 Ctr St, Mentor, OH 44060-5802
      View Details
    • Value Estimation
      $295,000
      3,000 SF

      8302 Yellowbrick Rd

      OFFICE BUILDING • 3,000 SF
      8302 Yellowbrick Rd, Mentor, OH 44060-4960
      View Details

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    5800 Andrews Rd
    Mentor On The Lake, OH 44060-2669
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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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