1701 Mentor AvePainesville, OH 44077
- Office properties
- 8,718 SF
Property Details for 1701 Mentor Ave
- Year built
- 1960
- Lot size
- 0.76 AC
- Property size (Sq ft)
- 8,718 SF
- Zone code
- R1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 11-A-015-L-00-017-0
- APU
- 11A015L000170
Description
This exceptional executive office space, located at 1701 Mentor Avenue in Lake County, offers a prime opportunity for businesses seeking a prestigious address. The property boasts a total of 1,630 square feet, currently entirely vacant and available for lease. Flexible lease terms are available for spaces ranging from a minimum of 500 square feet to a maximum contiguous space of 1,130 square feet, making it ideal for a variety of business sizes and needs. The building is situated in a desirable office park setting, providing a professional and attractive environment for your company. Benefit from excellent street signage visibility, ensuring your business is easily noticed by potential clients and customers. Ample parking is available for employees and visitors, adding to the convenience and appeal of this location. The property enjoys a high traffic count exceeding 15,000 vehicles daily, guaranteeing significant exposure. Its advantageous township location eliminates city income tax, offering significant financial benefits. Furthermore, its strategic location provides quick access to Route 44, State Route 2, and Interstate 90, ensuring easy commutes for employees and clients alike. This is a rare opportunity to secure high-quality office space in a highly desirable and accessible location. Contact us today to schedule a viewing and explore the possibilities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,568,368
- 6.5%
- $1,447,724
- 7%
- $1,344,315
-
Comparable approach
- Method
- Valuation
- Relative Method
- $815,482
- Geo Method
- $815,482
-
Alternative Use
- Use
- Valuation
- Residential
- $1,795,178
- Hospitality
- $1,644,373
- Educational
- $1,368,099
- Medical
- $1,415,150
- Retail
- $2,128,154
Location Insight
- City
- Painesville
- County
- Lake
- State
- Ohio
- Latitude
- 41.696
- Longitude
- -81.2806
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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