7861 Reynolds RdMentor, OH 44060

  • Retail properties
  • 5,464 SF
For Sale

Property Details for 7861 Reynolds Rd

Year built
1974
Lot size
0.33 AC
Property size (Sq ft)
5,464 SF
Zone code
B-2
Property type
Retail properties
Property subtype
Other commercial kitchens
APN
16-B-031-D-01-003-0
APU
16B031D010030

Description

This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in Mentor, Ohio. Strategically located at the highly visible corner of Reynolds Road (SR 306) and Tyler Boulevard, this property boasts exceptional daily traffic counts exceeding 35,000 vehicles. The location benefits from a strong daytime population, substantial residential presence, and significant commuter traffic, ensuring consistent visibility and accessibility for any business. The surrounding area demonstrates impressive demographics, with average household incomes within a 5-mile radius reaching $100,000. This translates to a robust consumer base with significant purchasing power. The property is zoned B-2, General Business, providing flexibility for a wide range of commercial uses. The site's size offers ample space for development, making it ideal for a variety of retail or commercial ventures. With its prime location, high traffic volume, and strong demographics, this property represents a rare opportunity to establish a thriving business in a highly desirable area of Mentor, Ohio. The address is 7861 Reynolds Rd, Mentor, OH 44060, situated in Lake County.

7861 Reynolds Rd, Mentor, Ohio

Location Insight

City
Mentor
County
Lake
State
Ohio
Latitude
41.6575
Longitude
-81.3771
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
$34,253
$57,210
$124,550
$181,760
-
$163,460
$355,850
$519,310

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