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    Property profile & analytics

    5005 Rockside Rd Independence, OH 44131-2194

    • Office buildings
    • 302,734 SF
    • 5.81 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-1629513
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 5005 Rockside Rd

    Year built
    1990
    Lot size
    5.81 lot acres
    Property size
    302,734 SF
    Zone code
    U-5-HR
    Property type
    Office buildings
    APN
    561-20-008
    APU
    56120008

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.654
    Latitude
    41.3983
    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
    $638,676
    $619,780
    $9,582,340
    $10,202,120
    -
    $1,770,800
    $27,378,100
    $29,148,900

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

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      150,661 SF

      6000 Lombardo Ctr

      OFFICE BUILDING • 150,661 SF
      6000 Lombardo Ctr, Seven Hills, OH 44131-2579
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      9,694 SF

      7300 Pleasant Vly Rd

      OFFICE BUILDING • 9,694 SF
      7300 Pleasant Vly Rd, Independence, OH 44131-5540
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    • Value Estimation
      $1,390,000
      4,320 SF

      5667 Schaaf Rd

      OFFICE BUILDING • 4,320 SF
      5667 Schaaf Rd, Independence, OH 44131-1305
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    • Value Estimation
      $875,000
      6,000 SF

      7819 Broadview Rd

      OFFICE BUILDING • 6,000 SF
      7819 Broadview Rd, Seven Hills, OH 44131-6146
      View Details
    • Value Estimation
      $295,000
      1,288 SF

      7119 Brecksville Rd

      OFFICE BUILDING • 1,288 SF
      7119 Brecksville Rd, Independence, OH 44131-5303
      View Details

    Similar Nearby for Sale

    • $2,500,000
      38,188 SF

      Renovated Office Building Near I-77

      Office building with recent renovations, parking, and highway access.
      5000 Rockside Rd, Independence, OH 44131
      View Details
    • $800,000
      4.88 Acres

      Prime Independence Commercial Land

      4.88 Acres, U5 Zoning, $800,000
      0 Acorn Dr, Independence, OH 44131
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    • $179,000
      0.36 Acres

      Residential Lot in Independence, OH

      Ready-to-build residential lot in a desirable Ohio suburb.
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    • $240,000
      3.13 Acres

      Land For Sale Independence, OH

      3.13 acre land parcel available in Independence, Ohio.
      Brecksville Rd, Independence, OH 44131
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    • $260,000
      3.31 Acres

      Vacant Land in Independence, Ohio

      3.31 acre vacant lot to build your dream home.
      Brecksville Rd, Independence, OH 44131
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    • $179,000
      0.36 Acres

      Residential Lot in Independence, OH

      Ready-to-build residential lot in desirable Independence, Ohio.
      Daisy Blvd, Independence, OH 44131
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      4,653 SF

      Four-Story Office Building Available

      Two four-story office buildings with fitness center and ample parking.
      6155 Rockside Rd, Independence, OH 44131
      View Details
    • $14 SF/Yr
      2,775 SF

      Independence Office Building For Lease

      Nine-story office building with updated common areas and ample parking.
      5755 Granger Rd, Independence, OH 44131
      View Details
    • Contact for pricing
      134,000 SF

      Premier Suburban Office Building

      Class A office building in Independence, Ohio.
      6055 Rockside Woods Blvd, Independence, OH 44131
      View Details
    • Contact for pricing
      19,088 SF

      New Class A Office Building

      Newly constructed Class A office building with modern amenities.
      5959 Rockside Woods Blvd N, Independence, OH 44131
      View Details
    • Contact for pricing
      420 SF

      Class A Office Space Available

      Available Class A office space with amenities on Rockside Corridor.
      6050-6150 Oak Tree Blvd | Independence, Independence, OH 44131
      View Details
    • Contact for pricing
      4,293 SF

      Flex Space with Office Component

      Sublease space featuring drive-in bay, loading dock, and office.
      210 Hayes Dr, Brooklyn Heights, OH 44131
      View Details
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    5005 Rockside Rd
    Independence, OH 44131-2194
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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
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