Property profile

7814 Reynolds Rd Mentor, OH 44060

FOR SALE
Turn key restaurants
Property ID
US66-6096595
7,216 SF 1.87 ac lot Built 1995
Entity Owned 10-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Class A, 7,366 square foot freestanding restaurant is situated on a spacious 1.87-acre lot in Mentor, Ohio. The property is currently vacant and offers a turnkey opportunity for immediate occupancy. Located at 7814 Reynolds Rd, with convenient access to Industrial Park Blvd, this prime location provides excellent visibility and accessibility. The building's substantial size allows for a variety of restaurant concepts, offering ample space for dining, kitchen operations, and storage. The expansive 1.87-acre lot provides ample parking and potential for future expansion or outdoor seating. All systems are in place, making this a truly turnkey operation, ready for a new owner to establish their culinary vision. The property is classified as Retail, Land, and Restaurant, and is a single-tenancy building. This is a rare opportunity to acquire a fully equipped, high-quality restaurant space in a desirable location. The property's size and location make it an ideal investment for experienced restaurateurs seeking a move-in ready establishment or for those looking to establish a new brand in a thriving market. The address is 7814 Reynolds Rd, Mentor, OH 44060.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Total area 7,216 SF
Lot 1.87 ac (81,501 SF)
Zoning code M-1
APN 16-B-029-E-00-002-0
UPID US66-6096595

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7814 Reynolds Rd Mentor, OH 44060
Mentor metro Census 206500 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$816k
Blend (final) Blend
$915k

Owner & transaction history

since 2016
6 recorded transactions
2017
Price N/A
2016
$2.6M
2013
$2.4M
2009
Price N/A
2004
$2.8M
2003
$2.4M

Zoning & alternative use

M-1 · Mentor, OH
Zoning description

The purpose of the M- 1 District shall be to provide locations for activities generally understood to be manufacturing activities in a manner conducive to the creation of new job opportunities, minimization of impacts on…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message