Property profile

6505 Rockside Rd Independence, OH 44131

OFF-MARKET
Office buildings
Property ID
US66-0300081
32,312 SF 1.59 ac lot Built 1987
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction TYPE NOT SPECIFIED
Total area 32,312 SF
Lot 1.59 ac (69,303 SF)
Zoning code U-5
APN 561-26-014
UPID US66-0300081

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
  • Home Health Care Service
  • Counselor
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Physician Medical Clinic
  • Home Health Care Service

Location

6505 Rockside Rd Independence, OH 44131-2342
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
$4.73M
Blend (final) Blend
$1.07M

Owner & transaction history

since 2015
7 recorded transactions
2018
Price N/A
2015
$2.5M
2012
Price N/A
2009
$1.3M
2007
Price N/A
2007
$2.8M
2004
Price N/A

Zoning & alternative use

U-5 · Independence, OH
Zoning description

The intent of this zone is to promote office building and research laboratory uses

General category UNKNOWN

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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