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    5502 Schaaf Rd Independence, OH 44131

    For Lease
    $18 SF/Yr ($7,501 /Mo)

    Centrally located industrial property with excellent access and outside storage.

    Property size:
    4,850 SF
    Lot size:
    2.55 Acres

    Property Features for 5502 Schaaf Rd

    General Information

    Size
    4,850 SF
    Lot size
    2.55 Acres

    Source: Cresco Real Estate | Cleveland Agent Conor Coakley

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

    Overview

    Industrial Property with Fenced Yard

    This centrally located industrial property offers convenient access to I-77 and I-480. The property includes a fully fenced yard with 2.5 acres suitable for outside parking and storage. The 4,850 square-foot space is designed as a shop and features a 14’x14’ drive-in door and a 1-ton overhead crane. The flexible zoning accommodates a variety of uses. Located minutes from the Rockside Corridor and Valley View, the property is near multiple dining, lodging, and service amenities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    All My Sons Moving & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6526074
    Latitude
    41.4121834

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    FAQs

    What type of property is this?
    Warehouse - Centrally located industrial property with excellent access and outside storage.
    Where is this warehouse located?
    The property is located at 5502 Schaaf Rd Independence, OH.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Excellent access to I-77 and I-480; - 2.5 acres of outside parking and storage area; - Fully fenced in yard
    (216) 658-6123
    Request Owner's contact information
    5502 Schaaf 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
    5502 Schaaf Rd Independence, OH 44131
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