9700 Rockside RdValley View, OH 44125

  • Office properties
  • 60,400 SF
For Lease
$11.50/SF/YR View listing

Property Details for 9700 Rockside Rd

Year built
1986
Construction
TYPE NOT SPECIFIED
Lot size
10.00 AC
Property size (Sq ft)
60,400 SF
Property type
Office properties
Property subtype
Office buildings
APN
572-07-008
APU
57207008

Description

This single-story office building at 9700 Rockside Road offers 37,450 square feet of immediately available executive office space. Currently fully vacant, this property presents a unique opportunity for a single tenant or multiple tenants seeking flexible space options. The building boasts convenient access to major transportation arteries, including Interstates 480 and 77, ensuring easy commutes for employees and clients. The flexible layout allows for customization to suit various business needs, accommodating spaces ranging from 2,400 square feet to 33,256 square feet. Tenants benefit from 24/7 control over their individual HVAC systems, providing optimal comfort and energy efficiency. The entire building is available for lease, making it ideal for a company seeking a substantial presence or a group of businesses looking for collaborative space. This location provides excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic location with convenient access to major transportation routes. The property's size and layout offer significant potential for a variety of business configurations. Serious inquiries are encouraged to explore the possibilities of this exceptional office space. The building's single-story design offers ease of access and navigation. The total building size is 37,450 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,865,955
    6.5%
    $10,030,112
    7%
    $9,313,676
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,649,816
    Geo Method
    $5,649,816
  • Alternative Use

    Use
    Valuation
    Residential
    $12,437,339
    Hospitality
    $11,392,536
    Educational
    $9,478,456
    Medical
    $9,804,435
    Retail
    $14,744,265
9700 Rockside Rd, Valley View, Ohio

Location Insight

City
Valley View
County
Cuyahoga
State
Ohio
Latitude
41.3921
Longitude
-81.6151
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
$165,283
$385,000
$2,266,250
$2,651,250
-
$1,100,000
$6,475,000
$7,575,000

FAQs

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