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Property profile & analytics
FOR SALE
Commercial kitchens

7861 Reynolds Rd Mentor, OH 44060

5,464 SF 0.33 ac lot Built 1974
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US66-1108537
Property summary
AI-generated overview

This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in Mentor, Ohio. Strategically located at the highly visible corner of Reynolds Road (SR 306) and Tyler Boulevard, this property boasts exceptional daily traffic counts exceeding 35,000 vehicles. The location benefits from a strong daytime population, substantial residential presence, and significant commuter traffic, ensuring consistent visibility and accessibility for any business. The surrounding area demonstrates impressive demographics, with average household incomes within a 5-mile radius reaching $100,000. This translates to a robust consumer base with significant purchasing power. The property is zoned B-2, General Business, providing flexibility for a wide range of commercial uses. The site's size offers ample space for development, making it ideal for a variety of retail or commercial ventures. With its prime location, high traffic volume, and strong demographics, this property represents a rare opportunity to establish a thriving business in a highly desirable area of Mentor, Ohio. The address is 7861 Reynolds Rd, Mentor, OH 44060, situated in Lake County.

Property profile
Verified
Property type Commercial kitchens
Use group TAKE-OUT RESTAURANT
Year built 1974
Total area 5,464 SF
Lot 0.33 ac (14,370 SF)
Zoning code B-2
APN 16-B-031-D-01-003-0
UPID US66-1108537
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hts Holdings LLC · 6 yrs held
Hts Holdings LLC
since 2020
1 recorded transaction
2020
$1.6M
Zoning & alternative use
B-2 · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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