7200 Mentor AveMentor, OH 44060

Property Details for 7200 Mentor Ave

Year built

2002

Construction

WOOD

Lot size

2.15 AC

Property size (Sq ft)

21,084 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

16-A-001-0-00-020-0

APU

16A0010000200

Description

This exceptional office space, located at 7200 Mentor Avenue in Mentor, Ohio (zip code 44060), offers a variety of configurations to suit diverse business needs. The property is a single-tenant building with flexible floor plans ranging from 555 square feet to 3,177 square feet, ideal for medical offices or traditional office uses. The building features private pods equipped as medical offices and exam rooms, providing a ready-to-use solution for healthcare professionals. Additionally, there are window offices facing Mentor Avenue, offering excellent visibility and natural light. A convenient conference room is available for meetings and collaborations. For added convenience, ample storage space and heated garage parking are included. The property enjoys a highly desirable location, in close proximity to the Great Lakes Mall, a wide array of restaurants, and numerous retail establishments, ensuring easy access to amenities and a vibrant business environment. This is a fantastic opportunity to establish or expand your business in a thriving community. Lake County location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,575,724

  6.5%

  $5,146,822

  7%

  $4,779,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,969,938

  Geo Method

  $4,969,938

• Alternative Use

  Use

  Valuation

  Residential

  $4,341,538

  Hospitality

  $3,976,825

  Educational

  $3,308,672

  Medical

  $3,422,462

  Retail

  $5,146,822

Location Insight

City

Mentor

County

Lake

State

Ohio

Latitude

41.6484

Longitude

-81.3839

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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