Industrial Property for Sale in Independence, OH

  • Price: $1.6M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Independence, OH 44131
  • Size: 20,075 SF

Description

Independence industrial valley, close proximity to I77 and I-480

Market Context

This industrial in Independence, OH is listed for sale at $1,606,000 across 20,075 SF. It has been on the market for 6 days. Compare it against other industrial listings for sale in Independence, OH — <a href="/search/sale/industrial/ohio/independence">view the full market</a>.

As of Q1 2026, the Cleveland industrial market showed a 8.8% vacancy rate, and cap rates around 10.5%. Source: Consensus Q1 2026 market report.

Industrial market FAQ

What is the typical cap rate for industrial in Cleveland?
About 10.5% as of Q1 2026, per Consensus.
Is the Cleveland industrial market tightening or softening?
Vacancy is around 8.8% (Q1 2026).

Unified Estimate

Very Low Confidence

$6.80/SF – $9.20/SF

Mid: $8.00/SF

Total estimate for 20,075 SF: $160,600

Cost-of-business estimate only; rate estimator unavailable.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market minneapolis (similarity: 99%) with 4 comparable listings.

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