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    Property profile & analytics

    5065 Abbe Rd, Unit 8 Sheffield Lake, OH 44054

    • Office Properties & Spaces
    • 2,767 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-2077151
    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 Properties & Spaces

    Property Details for 5065 Abbe Rd

    Year built
    2004
    Property size
    2,767 SF
    Property type
    Office Properties & Spaces
    APN
    03-00-001-711-004
    APU
    300001711004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sheffield Lake
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0755
    Latitude
    41.425
    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
    $7,562
    $21,000
    $96,667
    $117,667
    -
    $60,000
    $276,190
    $336,190

    Comparable in this City

    • Value Estimation
      $250,000
      1,300 SF

      4028 Colorado Ave

      CONDOMINIUM OFFICES • 1,300 SF
      4028 Colorado Ave, Sheffield Village, OH 44054-2512
      View Details
    • Value Estimation
      $290,000
      2,273 SF

      5065 Abbe Rd, Unit 7

      CONDOMINIUM OFFICES • 2,273 SF
      5065 Abbe Rd, Sheffield Lake, OH 44054
      View Details
    • Value Estimation
      $405,000
      6,737 SF

      5052 Waterford Dr, Unit 102

      CONDOMINIUM OFFICES • 6,737 SF
      5052 Waterford Dr, Sheffield Lake, OH 44054
      View Details
    • Value Estimation
      $280,000
      1,196 SF

      5323 Mdw Ln Ct, Unit 18

      CONDOMINIUM OFFICES • 1,196 SF
      5323 Mdw Ln Ct, Sheffield Lake, OH 44054
      View Details
    • Value Estimation
      $270,000
      954 SF

      5323 Mdw Ln Ct, Unit 19

      CONDOMINIUM OFFICES • 954 SF
      5323 Mdw Ln Ct, Sheffield Lake, OH 44054
      View Details
    • Value Estimation
      $505,000
      8,004 SF

      5074 Waterford Dr

      CONDOMINIUM OFFICES • 8,004 SF
      5074 Waterford Dr, Sheffield Lake, OH 44054
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      113,688 SF

      Sheffield Crossing Retail Space

      Prime Retail Space in Sheffield Village, OH
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      View Details
    • Contact for pricing
      3,000 SF

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      Retail spaces available inline with established businesses on Lake Road.
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    • Contact for pricing
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      Prime Sheffield retail space, 10,500 sq ft, available now.
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      View Details
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    5065 Abbe Rd, Unit 8
    Sheffield Lake, OH 44054
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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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