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    OFF-MARKET
    Specialty properties

    9115 Hendricks Rd, Mentor, OH 44060

    14.65 ac lot
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US66-3576669
    Property summary
    AI-generated overview

    This exceptional 24.32-acre parcel of land, zoned for industrial use, presents a remarkable opportunity for development in the thriving city of Mentor, Ohio. Located at 9115 & 9135 Hendricks Rd, 44060, this property boasts unparalleled visibility from OH-2 Lakeland Freeway, a major thoroughfare with a daily traffic count of 60,374 vehicles. Its strategic location offers quick access to the freeway and places it in close proximity to Mentor's major retail centers, ensuring high visibility and convenient access for any business. The property's industrial zoning is already in place, streamlining the development process and minimizing potential delays. This expansive lot provides ample space for a variety of industrial projects, making it an ideal investment for developers seeking a prime location with significant growth potential. The asking price for this exceptional property is $299,000. Don't miss this chance to acquire a highly desirable industrial land parcel in a booming Ohio market.

    Property profile
    Verified
    Property type Specialty properties
    Use group CHARITABLE ORGANIZATION
    Lot 14.65 ac (638,110 SF)
    Zoning code M-1
    APN 16-B-062-0-00-017-0
    UPID US66-3576669
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Loreta Davis Hendricks LLC · 1 yrs held
    Loreta Davis Hendricks LLC
    since 2024
    Last sale
    $200,000
    2 recorded transactions
    2024
    $200,000
    2007
    $400,000
    Zoning & alternative use
    M-1 · Mentor, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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