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    Property profile & analytics

    8561 East Ave Mentor, OH 44060

    • Office buildings
    • 4,380 SF
    • 0.65 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US66-0633731
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 8561 East Ave

    Year built
    1984
    Lot size
    0.65 lot acres
    Property size
    4,380 SF
    Zone code
    M-1
    Property type
    Office buildings
    APN
    16-B-052-P-00-038-0
    APU
    16B052P000380

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.3339
    Latitude
    41.681
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,432
    $34,580
    $53,630
    $88,210
    -
    $98,790
    $153,240
    $252,030

    Comparable in this City

    • Value Estimation
      $650,000
      11,938 SF

      5786-5804 Heisley Rd Rd

      OFFICE BUILDING • 11,938 SF
      5786-5804 Heisley Rd Rd, Mentor, OH 44060
      View Details
    • Value Estimation
      $2,070,000
      4,293 SF

      6006 Andrews Rd

      OFFICE BUILDING • 4,293 SF
      6006 Andrews Rd, Mentor On The Lake, OH 44060-2822
      View Details
    • Value Estimation by Request
      3,200 SF

      6738 Ctr St

      OFFICE BUILDING • 3,200 SF
      6738 Ctr St, Mentor, OH 44060
      View Details
    • Value Estimation
      $165,000
      2,400 SF

      7340 Ctr St

      OFFICE BUILDING • 2,400 SF
      7340 Ctr St, Mentor, OH 44060-5802
      View Details
    • Value Estimation
      $295,000
      3,000 SF

      8302 Yellowbrick Rd

      OFFICE BUILDING • 3,000 SF
      8302 Yellowbrick Rd, Mentor, OH 44060-4960
      View Details
    • Value Estimation
      $480,000
      10,200 SF

      8039 Broadmoor Rd

      OFFICE BUILDING • 10,200 SF
      8039 Broadmoor Rd, Mentor, OH 44060-7577
      View Details

    Similar Nearby for Sale

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      Two-Story Office Building in Mentor

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    • Contact for pricing
      5,000 SF

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      Established Medical Practice For Sale

      Medical practice with equipment and staff on high-traffic street.
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    • $1,035,720
      11,508 SF

      Tyler Blvd Flex/Warehouse Opportunity

      Office and warehouse space available on Tyler Blvd.
      8822 Tyler Blvd, Mentor, OH 44060
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    • $925,000
      2.15 Acres

      Prime Mentor Development Site

      2.15 Acres, High-Traffic Location
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      View Details
    • $2,500,000
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      Automotive properties • 0.94 Acres
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      View Details

    Similar Nearby for Lease

    • Contact for pricing
      25,263 SF

      Well-Maintained Office Building For Rent

      Two-story office building with ample parking and customizable floor plans.
      8224 Mentor Ave, Mentor, OH 44060
      View Details
    • $15 SF/Yr
      12,000 SF

      Lindsay Professional Center: Mentor Office Space

      Modern medical & creative office suites available.
      6990 Lindsay Dr, Mentor, OH 44060
      View Details
    • $15 SF/Yr
      4,402 SF

      Prime Mentor Office Space Available

      Spacious Office Suites, Ideal Location
      8561 East Ave, Mentor, OH 44060
      View Details
    • $8 SF/Yr
      8,000 SF

      Mentor Office Space For Rent

      8,000 SF office space in the heart of Mentor.
      7333 Corporate Blvd, Mentor, OH 44060
      View Details
    • $16 SF/Yr
      1,650 SF

      Mentor Medical Office Space

      1,650 SF Medical Office Suite in Mentor, OH
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      View Details
    • Contact for pricing
      40,254 SF

      Colonial Plaza: Mentor Office Space

      Prime Mentor office suites, 10 spaces available.
      7501 Mentor Ave, Mentor, OH 44060
      View Details
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    8561 East Ave
    Mentor, OH 44060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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