Financial
Distress signals
Property profile

2221 Brookpark Rd Parma, OH 44134

FOR SALE
Retail space
Property ID
US66-2007991
7,120 SF 0.11 ac lot Built 1955
Last sale Mar 2024 · $130,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial retail space totaling approximately 7,000 square feet, comprised of about 3,500 square feet of ground-floor retail area and an additional 3,500 square feet of basement space, on a 0.1102-acre lot. It is located on Brook Park Road in Parma, Ohio, between State Road and Broadview Road, in a high-traffic area adjacent to a shopping center. The zoning is General Business, and the ground-floor space includes large retail windows and an open floor concept suitable for a range of business layouts and concepts.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$79k
Assessed land$7k
Assessed improvement$72k
Effective rate8.17%

Value estimate

· Sep 2026
$130k
$117k – $143k
AI approach$130k
NOI build-up
Gross scheduled income$215k
Vacancy & credit loss−$17k
Operating expenses−$59k
NOI · 31.47% cap applied$138k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
Submarket average, outlier-cleaned · 450 recorded sales of this use type
Observed band · Q1–Q3$29 – $110
Qualifying comparables6

Cap rate analysis

How does the asset earn?
31.47%
$138k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CA
Provide sufficient areas for carrying on research, providing commercial services, manufacturing and distributing goods to serve the commu...
General categoryINDUSTRIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency39.3
Wholesale Shop24.2
Law Firm23.8

Location

2221 Brookpark Rd Parma, OH 44134
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2713 Brookpark, Parma, OH 44134-1410 $580,000 Mar 2024 11,000 SF
7402 Broadview, Parma, OH 44134-5718 $1,775,000 Jan 2023 8,000 SF
5883 Broadview, Parma, OH 44134-3161 $185,000 Dec 2022 3,210 SF
5530 State, Parma, OH 44134-2261 $230,000 Jun 2022 6,688 SF
7510 Broadview, Parma, OH 44134-6701 $3,687,194 Aug 2021 3,936 SF
4960 State, Cleveland, OH 44134-1214 $600,000 May 2021 8,912 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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