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    5000 Rockside Rd Independence, OH 44131

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    For Sale
    $2,500,000

    Office building with recent renovations, parking, and highway access.

    Property size:
    38,188 SF
    Lot size:
    1.65 Acres

    Property Features for 5000 Rockside Rd

    General Information

    Size
    38,188 SF
    Lot size
    1.65 Acres

    Source: Cresco Real Estate | Cleveland Agent Jim Krivanek

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Building Near I-77

    This office building is under new ownership and management, with extensive lobby renovations completed in 2023. The property features floor-to-ceiling windows throughout, offering views of Downtown Cleveland. Covered parking is available at market rates. An exterior signage opportunity is available facing I-77. The building is located minutes from Rockside Road amenities, including dining, lodging, and entertainment options. It benefits from a signalized intersection with access to I-77 and I-480. The property contains 38188 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.655541
    Latitude
    41.3962319

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      Independence Warehouse For Sale

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    FAQs

    What type of property is this?
    Office building - Office building with recent renovations, parking, and highway access.
    Where is this office building located?
    The property is located at 5000 Rockside Rd Independence, OH.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Incredible exterior signage opportunity facing I-77; - Signalized intersection provides easy access to both I-77 and I-480; - Enjoy stunning views of Downtown Cleveland
    (216) 520-1200
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    5000 Rockside Rd Independence, OH 44131
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    Independence, OH 44131
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5000 Rockside Rd Independence, OH 44131
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