9600 Mentor Ave Mentor, OH 44060
Property profile & analytics
9600 Mentor Ave, Mentor, OH 44060
- Retail space
- 122,256 SF
- 11.73 lot acres
Property ID
US66-1185253
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 9600 Mentor Ave
- Year built
- 2002
- Construction
- WOOD
- Lot size
- 11.73 lot acres
- 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 Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,748,000
Market price range: $4.47M - $11.4M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $7,785,000 Current use
- OFFICE BUILDING
- $11,990,000 Change: +54% Conversion: Easy
- AUTO REPAIR, GARAGE
- $10,250,000 Change: +32% Conversion: Difficult
- MEDICAL BUILDING
- $8,600,000 Change: +10% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $8,535,000 Change: +10% Conversion: Easy
- WAREHOUSE, STORAGE
- $7,975,000 Change: +2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
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
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
$176,001
$1,069,450
$1,344,180
$2,413,630
-
$3,055,570
$3,840,520
$6,896,090
