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Property profile & analytics
FOR SALE
Industrial land

9340 Pineneedle Dr Mentor, OH 44060

2.23 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-4139768
Property summary
AI-generated overview

This exceptional 2.23-acre vacant land parcel presents a unique investment opportunity in Mentor, Ohio. Ideally situated at 9340 Pineneedle Drive, this property boasts approximately 150 feet of frontage on Pineneedle Drive, offering excellent visibility and accessibility. The lot dimensions are roughly 150' x 647'. Zoned for MIP and Industrial Park use, this site is ready for development. All utilities are conveniently located on-site, simplifying the construction process. Enjoy easy access to major transportation arteries, including Heisley Road, State Route 2, State Route 44, and Interstate 90, ensuring seamless logistics for any industrial operation. The property benefits from its strategic location adjacent to established businesses such as Royal Plastics and an AT&T service station. Furthermore, the City of Mentor offers potential incentives for development, making this an even more attractive proposition. The APN is 16B063A000060. This is a rare opportunity to acquire a well-positioned industrial land parcel in a thriving Ohio market. Don't miss out on this chance to build your next industrial project.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 2.23 ac (97,139 SF)
Zoning code MIP
APN 16-B-063-A-00-006-0
UPID US66-4139768
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
K4k LLC · 3 yrs held
K4k LLC
since 2022
3 recorded transactions
2022
Price N/A
2022
Price N/A
2019
Price N/A
Zoning & alternative use
MIP · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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