Financial
Distress signals
Property profile

5629 Pearl Rd Parma, OH 44129

OFF-MARKET
Retail space
Property ID
US66-2466699
5,310 SF 0.37 ac lot Built 1969
Last sale Jun 2023 · $430,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Parma storefront property provides access to I-480, I-71, and I-77 and is situated within a commercial area that includes numerous national chain businesses. The building is adjacent to a New Mexican restaurant and features an open interior layout suitable for tenant customization of finishes. The property encompasses 2,400 square feet of retail space.

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?
$8k
Tax billed · 2023
Assessed value$93k
Assessed land$28k
Assessed improvement$65k
Effective rate8.52%

Value estimate

· Sep 2026
$430k
$387k – $473k
AI approach$430k

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

Recently sold

What actually traded nearby?
$59/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$40 – $85
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RB
Protect adjacent residential properties by restricting the type of business uses, particularly at the common boundaries, which would crea...
General categoryCOMMERCIAL
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 agency10.8
Parking Facility10.5
Cafe & Coffee Shop10.0

Location

5629 Pearl Rd Parma, OH 44129-2546
County assessor Recorded deeds · 2 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5558 Pearl, Parma, OH 44129-2541 $550,000 Apr 2025 4,500 SF
5573 Pearl, Parma, OH 44129-2543 $265,000 Oct 2024 6,110 SF
5655 Pearl, Parma, OH 44129-2546 $300,000 May 2024 3,940 SF
5545 Rdg, Parma, OH 44129-2371 $50,000 Feb 2023 3,859 SF
5421 Pearl, Parma, OH 44129-1555 $185,000 Oct 2021 6,588 SF
5747 Rdg, Parma, OH 44129-2960 $400,000 Sep 2019 5,923 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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