Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Rockside Rd Bedford, OH 44146
    Property profile & analytics

    Rockside Rd Bedford, OH 44146

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Rockside Rd

    Property type
    Land

    Description

    This exceptional 0.98-acre commercial land parcel, identified by APN numbers 81304061, 81304063, 81301002, and 81302004, presents a unique investment opportunity in Bedford, Ohio (44146). Situated on Rockside Road, this single-tenant property boasts a strategic location just east of Meadowbrook Plaza and south of Rockside Road, near a creek. The property is zoned B3, allowing for a diverse range of uses, including retail, office, and professional spaces. This makes it an excellent choice for businesses seeking high visibility and accessibility. A new Mazda dealership is under construction nearby, further enhancing the area's growth potential and attracting a significant customer base. The owner is offering flexible terms: a ground lease at $4,000 per month or an outright sale at $350,000. This presents a compelling opportunity for investors and businesses alike to capitalize on the burgeoning commercial activity in this prime Bedford location. The Cuyahoga County location offers easy access to major transportation routes and a thriving local community. Don't miss this chance to secure a prominent position in a rapidly developing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5444
    Latitude
    41.4075

    Comparable in this City

    • Value Estimation by Request
      0.99 Acres

      Rockside Rd

      Land • 0.99 Acres
      0 Rockside Rd, Bedford, OH 44146
      View Details
    • Value Estimation by Request

      1 Ac Outlot #3

      Land
      1 Ac Outlot #3, Bedford, OH 44146
      View Details
    • Value Estimation by Request
      4.98 Acres

      Bonnieview Dr

      Land • 4.98 Acres
      0 Bonnieview Dr, Bedford, OH 44146
      View Details
    • Value Estimation by Request

      Rockside Rd And Northfield Rd

      Land
      0 Rockside Rd And Northfield Rd, Bedford, OH 44146
      View Details
    • Value Estimation by Request
      0.75 Acres

      21240-21250 Rockside Rd

      Automotive properties • 12,365 SF
      21240-21250 Rockside Rd, Bedford, OH 44146
      View Details
    • Value Estimation by Request
      1,360 SF

      Wood St

      COMMERCIAL (GENERAL) • 1,360 SF
      Wood St, Bedford Heights, OH 44146
      View Details

    Similar Nearby for Sale

    • $38,750

      Land Available on Broadway Avenue

      Land for sale at the corner of Mitchell and Broadway.
      1275 Broadway Ave, Bedford, OH 44146
      View Details
    • $40,500
      0.14 Acres

      Residential Land in Bedford, OH

      Building lot with public services and tax abatement.
      58 Hubbell Way, Bedford, OH 44146
      View Details
    • $69,500
      0.26 Acres

      Buildable Land in Bedford Heights

      0.258-acre lot ready for new construction in Bedford Heights.
      25602 Buckthorn Rd, Bedford Heights, OH 44146
      View Details
    • $40,000
      0.23 Acres

      Residential Land in Bedford, OH

      Building lot in Bedford with utilities and tax abatement.
      61 Hubbell Way, Bedford, OH 44146
      View Details
    • New
      $54,900
      1.50 Acres

      Land in Oakwood Village, OH

      1.5 acre commercial land for sale in Oakwood Village.
      Macedonia Rd, Oakwood Village, OH 44146
      View Details
    • $68,000
      6.73 Acres

      Bedford Land for Development

      6.73 acres available in Bedford, Ohio for development.
      Hubbell Cir, Bedford, OH 44146
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      High-Visibility Commercial Lot For Lease

      Prime commercial parcel in high-traffic area, ideal for various businesses.
      5125 Northfield Rd, Bedford Heights, OH 44146
      View Details
    • Contact for pricing

      Acre Land Available For Lease

      One acre of land for lease with freeway access.
      Rockside Rd, Bedford, OH 44146
      View Details
    • Contact for pricing

      Land Near Rockside and Aurora

      1.04 acres near major intersection, potential for 10,000 sqft.
      Aurora Rd, Bedford Heights, OH 44146
      View Details
    • Contact for pricing

      Acre of Land on Rockside

      One acre of land available for lease or sale.
      22803 Rockside Rd, Bedford, OH 44146
      View Details
    • Contact for pricing
      8,000 SF

      Walton Hills Warehouse with Storage

      8,000 SF warehouse with 1.5 acres of outdoor storage.
      7540 Northfield Rd, Walton Hills, OH 44146
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Bedford, Ohio.
      21250 Rockside Rd, Bedford, OH 44146
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Rockside Rd
    Bedford, OH 44146
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Rockside Rd, Bedford, OH, 44146
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!