9600 Mentor Ave Mentor, OH 44060
- Retail space
- 122,256 SF
- 11.73 lot acres
Current Use by Public Records
- Retail space
Property Details for 9600 Mentor Ave
- Year built
- 2002
- Construction
- WOOD
- Lot size
- 11.73 lot acres
- Property size
- 122,256 SF
- Zone code
- B-2
- Property type
- Retail space
- APN
- 16-A-027-0-00-021-0
- APU
- 16A0270000210
Description
This exceptional commercial land opportunity presents a rare chance to secure a highly visible outparcel directly in front of a Lowe's store. Located at the southeast corner of Mentor Avenue (SR 20) and Old Johnnycake Ridge Road in Mentor, Ohio, this property benefits from an unparalleled location within a thriving retail environment. Mentor boasts a robust economy, ranking as the sixth largest retail trade area in Ohio, with over 300 retail businesses generating nearly $1.5 billion in annual sales. The site's strategic placement ensures maximum exposure to a substantial daily traffic volume exceeding 26,000 vehicles at the intersection. This high-income area is characterized by a dense population, providing a large and readily accessible customer base. The property is offered as a ground lease only, presenting a flexible and potentially lucrative investment opportunity for developers seeking a prime location within a well-established and high-performing retail corridor. The site's visibility and proximity to a major retailer like Lowe's make it ideal for a variety of commercial uses, offering significant potential for long-term growth and return on investment. This is a truly exceptional opportunity to establish a presence in one of Ohio's most dynamic retail markets. The property is designated as commercial land and is classified as a single-tenancy outparcel within Lake County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mentor
- County
- Lake
- State
- Ohio
- Longitude
- -81.294
- Latitude
- 41.6825
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA