This exceptional 2.23-acre vacant land parcel presents a unique investment opportunity in Mentor, Ohio. Ideally situated at 9340 Pineneedle Drive, this property boasts approximately 150 feet of frontage on Pineneedle Drive, offering excellent visibility and accessibility. The lot dimensions are roughly 150' x 647'. Zoned for MIP and Industrial Park use, this site is ready for development. All utilities are conveniently located on-site, simplifying the construction process. Enjoy easy access to major transportation arteries, including Heisley Road, State Route 2, State Route 44, and Interstate 90, ensuring seamless logistics for any industrial operation. The property benefits from its strategic location adjacent to established businesses such as Royal Plastics and an AT&T service station. Furthermore, the City of Mentor offers potential incentives for development, making this an even more attractive proposition. The APN is 16B063A000060. This is a rare opportunity to acquire a well-positioned industrial land parcel in a thriving Ohio market. Don't miss out on this chance to build your next industrial project.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$20,002,496
Hospitality
$18,322,178
Educational
$15,243,837
Medical
$15,768,096
Retail
$23,712,636
Location Insight
City
Mentor
County
Lake
State
Ohio
Latitude
41.7004
Longitude
-81.3043
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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