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Property profile & analytics
OFF-MARKET
Office buildings

7450 Mentor Ave Mentor, OH 44060-5406

4,960 SF 0.41 ac lot Built 1995
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-1570258
Property summary
AI-generated overview

This exceptional retail property, located at 7450 Mentor Avenue in Mentor, Ohio, presents a fantastic investment opportunity. The freestanding building boasts a generous 5,000 square feet of space, offering significant flexibility for a variety of retail uses. Its prime location in Lake County, Ohio, ensures high visibility and accessibility for customers. The property is currently vacant, providing immediate occupancy for a new tenant or the opportunity to lease out portions of the space. The building's design allows for divisibility, with the potential to create two 2,500 square foot units, catering to multiple businesses or expanding existing operations. The 44060 zip code is a thriving commercial area, offering a strong customer base and ample parking. This property is ideal for businesses seeking a high-traffic location with excellent visibility and ample space to grow. The building's layout is adaptable to various retail concepts, making it a versatile option for entrepreneurs and established businesses alike. With its strategic location and substantial square footage, this property represents a compelling investment opportunity in a dynamic and prosperous market. The property is easily accessible from Mentor Avenue, a major thoroughfare in the area, ensuring convenient access for both customers and employees. This is a rare chance to acquire a well-situated, sizable retail space in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1995
Total area 4,960 SF
Lot 0.41 ac (17,799 SF)
Zoning code B-2
APN 16-A-001-D-00-031-0
UPID US66-1570258
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
7450 Mentor Avenue LLC · 1 yrs held
7450 Mentor Avenue LLC
since 2025
3 recorded transactions
2025
Price N/A
2012
Price N/A
2005
Price N/A
Zoning & alternative use
B-2 · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

069,070-0 requesting a variance to Sec. 1173.09 of the Mentor Code of Ordinances to allow the installation of parking spaces at a 0-ft. setback from the right-of-way in lieu of the minimum 10-ft. setback required in the B-2, General Business District. RICHARD & MARSHA MAHONEY FOR 6169 THISTLEWOOD DRIVE, PP16-C-081-K-00-020-0 requesting a variance to Sec. 116…

Zone name General Business
General category COMMERCIAL
Zone area 1,062.03 ac
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