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Property profile & analytics
FOR LEASE
Retail space

8310 Tyler Blvd Mentor, OH 44060

31,080 SF 2.65 ac lot Built 1998
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-1080046
Property summary
AI-generated overview

This exceptional commercial property, located at 8310-8358 Tyler Boulevard in Mentor, Ohio, presents a compelling investment opportunity. The property encompasses a total of 31,080 square feet across a single, two-story building constructed in 1998. Currently classified as a Class B property, it offers a blend of traditional and executive office spaces, along with retail components, making it suitable for a diverse range of businesses. The building sits on a sizable 2.65 acres of land, providing ample parking and potential for future expansion. The property is zoned B-2, allowing for flexibility in its usage. Currently, there are 2,258 square feet of vacant space available, with individual suites ranging from 200 to 6,620 square feet, catering to various business needs. The property's multiple tenancy structure offers a strong potential for rental income diversification. Its convenient location in Mentor, Ohio (zip code 44060), within Lake County, ensures easy access to major transportation routes and a thriving local market. The property's APN is 16-B-039-C-00-037. This is an excellent opportunity to acquire a well-situated commercial property with significant potential for growth and return on investment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Total area 31,080 SF
Lot 2.65 ac (115,608 SF)
APN 16-B-039-C-00-037-0
UPID US66-1080046
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
$1.68M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$1.65M
Owner & transaction history
New Re Investments II LLC · 2 yrs held
New Re Investments II LLC
since 2023
Last sale
$1.6M
2 recorded transactions
2023
$1.6M
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.6M +31.6%
Medical building $2.2M +10.5%
Commercial (general) $2.2M +9.6%
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More about this property
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