9500 Diamond Centre DrMentor, OH 44060

Property Details for 9500 Diamond Centre Dr

Year built

1999

Lot size

1.77 AC

Property size (Sq ft)

15,976 SF

Property type

Retail space

APN

16-B-066-A-00-006-0

APU

16B066A000060

Description

Trask Tower offers exceptional retail opportunities in Mentor, Ohio. This multi-tenant building, located at 9500 Diamond Centre Dr, boasts a total of 16,168 square feet. Currently, two spaces are available, ranging from 1,100 to 1,935 square feet, perfect for a variety of businesses. The property enjoys excellent street-front visibility, ensuring high exposure to potential customers. Its strategic location near the intersection of Heisley Road and Diamond Centre Drive places it in a high-traffic area, benefiting from the substantial foot and vehicle traffic generated by nearby businesses such as Atlas Cinemas, Home Depot, and Sam's Club. The surrounding area also features a diverse mix of fast-food and full-service restaurants, creating a vibrant and convenient environment for both tenants and customers. Ample parking is available, ensuring easy access for patrons. This property presents a unique opportunity for businesses seeking a high-visibility location in a thriving commercial area within Lake County, Ohio, zip code 44060. The property is classified as retail and is categorized as multi-tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $4,224,899

  6.5%

  $3,899,907

  7%

  $3,621,342

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,765,876

  Geo Method

  $3,765,876

• Alternative Use

  Use

  Valuation

  Residential

  $3,289,718

  Hospitality

  $3,013,364

  Educational

  $2,507,083

  Medical

  $2,593,306

  Retail

  $3,899,907

Location Insight

City

Mentor

County

Lake

State

Ohio

Latitude

41.7144

Longitude

-81.2986

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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