6970 Heisley Rd Mentor, OH 44060-4510
This meticulously maintained 6,000 square foot free-standing retail building, constructed in 2001, presents a remarkable investment opportunity in Mentor, Ohio. Situated on a 1.36-acre lot, the property enjoys exceptional visibility and accessibility, making it ideal for a variety of retail or professional uses. The B2 zoning allows for maximum flexibility in business operations. The building's thoughtfully designed layout offers versatility to accommodate diverse business needs. Modern construction ensures a solid and durable structure, promising long-term value. A key advantage is the recent installation of a new roof less than one month ago, eliminating immediate roof replacement costs. The property's strategic location within the thriving Mentor area contributes significantly to its appeal. Currently occupied by a month-to-month preschool/daycare tenant, this presents an immediate income stream and potential for future lease negotiations. This property offers an exceptional opportunity for investors seeking a prime asset in Mentor's dynamic commercial landscape. The combination of its size, location, recent improvements, and flexible zoning makes this a truly compelling investment prospect. The asking price is $750,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Mentor, OHMentor. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.