Financial
Distress signals
Property profile

5602 State Rd Parma, OH 44134

OFF-MARKET
Banks
Property ID
US66-1865872
1,500 SF 0.13 ac lot Built 1961
Last sale Aug 2005 · $202,750
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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$74k
Assessed land$8k
Assessed improvement$65k
Effective rate8.37%

Value estimate

· Sep 2026
$185k
$167k – $204k
AI approach$155k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$206/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$77 – $431

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 agency14.0
Parking Facility11.6
Law Firm9.8

Location

5602 State Rd Parma, OH 44134-2202
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2402 Brookpark, Cleveland, OH 44134-1405 $400,000 Feb 2026 1,211 SF
5505 State, Parma, OH 44134-2251 $120,000 Oct 2023 1,840 SF
5652 State, Parma, OH 44134-2259 $260,000 May 2023 1,410 SF
7411 State, Parma, OH 44134-5884 $1,875,000 Jul 2021 1,989 SF
4505 Pleasant Vly, Parma, OH 44134-5851 $140,000 Feb 2021 1,085 SF
5618 State, Parma, OH 44134-2202 $167,000 Dec 2020 1,800 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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