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Property profile & analytics

8640 Mentor Ave, Unit 8658 Mentor, OH 44060-6140

  • Retail space
  • 16,800 SF
  • 1.73 lot acres
OFF-MARKET
Value Estimations
$285,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US66-6056626
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

  • Retail space

Property Details for 8640 Mentor Ave

Year built
1999
Lot size
1.73 lot acres
Property size
16,800 SF
Zone code
B-2
Property type
Retail space
APN
16-A-012-G-00-004-0
APU
16A012G000040

Description

Village Plaza, a Class B retail center in Mentor, Ohio's historic district, offers a prime opportunity. This 1.73-acre property features two single-story buildings constructed in 1999 and renovated in 2004. Currently, one 1,600 square foot retail space is available for lease within this established center, boasting a strong tenant mix including Mama Roberto's Italian Restaurant, Edible Arrangements, Farmers Insurance, and Tommy's Jerky & Smokies. The property is zoned B-2, providing flexibility for a variety of retail uses. Its convenient location on Mentor Avenue, just half a mile east of Route 615, ensures excellent visibility and accessibility. The site benefits from easy access to I-90 and Route 2, providing convenient access for customers and employees. While the property currently has no designated parking spaces listed, the ample space within the center and surrounding area should be considered. The property's APN is 16A012G000040, located in Lake County. This is an exceptional opportunity to establish or expand a retail business in a thriving, well-established location. The property's history of successful tenants speaks to its desirability and potential for continued growth.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $285,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Mentor
County
Lake
State
Ohio
Longitude
-81.3305
Latitude
41.6702
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
$38,404
$260,110
$266,550
$526,660
-
$743,160
$761,570
$1,504,730
More about this property
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