Property profile

6450 Rockside Woods S Blvd Independence, OH 44131

OFF-MARKET
Office buildings
Property ID
US66-1920464
140,239 SF 3.16 ac lot Built 1989
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction TYPE NOT SPECIFIED
Total area 140,239 SF
Lot 3.16 ac (137,650 SF)
Zoning code U-4
APN 561-26-028
UPID US66-1920464

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electronics & Wireless Store
  • Government Office Tax Department
  • Federal Government Office
  • Insurance Agency
  • Financial Advisor

Location

6450 Rockside Woods S Blvd Independence, OH 44131-2238
Independence metro Census 156101 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$21.54M
Blend (final) Blend
$16.01M

Owner & transaction history

since 2017
3 recorded transactions
2017
$23,400
2016
Price N/A
2013
$62.4M

Zoning & alternative use

U-4 · Independence, OH
Zoning description

The intent of this zone is to promote retail business uses

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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