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    9560 Diamond Centre Dr Mentor, OH 44060

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    9560 Diamond Centre Dr Mentor, OH 44060


    • Strip malls
    • 23,200 SF
    • 3.03 lot acres
    Trask Plaza ATM Outlot Opportunity For Lease
    $690,000

    Trask Plaza ATM Outlot Opportunity

    Commercial land for rent with excellent visibility and highway access.

    9560 Diamond Centre Dr, Mentor, OH 44060
    View Listing
    Property ID
    US66-1454821
    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.

    Value Estimations
    $690,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 9560 Diamond Centre Dr

    Year built
    2004
    Lot size
    3.03 lot acres
    Property size
    23,200 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    16-B-065-0-00-042-0
    APU
    16B0650000420

    Description

    This exceptional investment opportunity presents a fully leased ATM outlot at Trask Plaza in Lake County. The property is designated as retail land with single-tenant occupancy, offering a stable income stream. Situated on Diamond Centre Drive, this location boasts unparalleled visibility and convenient access to major thoroughfares including Route 2, Route 44, and I-90. This high-traffic area benefits from its proximity to a concentration of significant retail anchors, including Menard's, Sam's Club, The Home Depot, and Atlas Cinemas, ensuring consistent customer flow. The strategic placement near major corporations such as STERIS Corporate Headquarters and Avery Dennison Corporation further enhances the property's value and potential for long-term growth. The single-tenant nature of the lease simplifies management and minimizes vacancy risk. This fully leased land parcel represents a compelling investment opportunity for those seeking a stable, high-visibility retail asset in a thriving commercial area. The property's location within Lake County provides access to a robust consumer base and a strong regional economy. The ease of access to major highways ensures convenient access for both customers and employees. This is a rare opportunity to acquire a prime retail outlot in a highly desirable location with established tenants and excellent visibility. The property's current lease status provides immediate cash flow, making it an attractive option for investors seeking a low-risk, high-return investment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $470,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $903,000
      Market price range: $343k - $905k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $605,000
      Current use
      RETAIL STORES
      $960,000
      Change: +59% Conversion: Easy
      AUTO REPAIR, GARAGE
      $835,000
      Change: +38% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.2958
    Latitude
    41.7143
    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
    $54,649
    $431,380
    $311,270
    $742,650
    -
    $1,232,500
    $889,350
    $2,121,850
    View Listing
    More about this property
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