Property profile

10300 Sprague Rd Parma, OH 44130

OFF-MARKET
Turn key restaurants
Property ID
US66-1429115
2,793 SF 0.9 ac lot Built 2001
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2001
Construction TYPE NOT SPECIFIED
Total area 2,793 SF
Lot 0.9 ac (39,204 SF)
Zoning code RB
APN 456-26-030
UPID US66-1429115

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

10300 Sprague Rd Parma, OH 44130-7588
Parma metro Census 177607 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2004
2 recorded transactions
2009
Price N/A
2004
$400,700

Zoning & alternative use

RB · Parma, OH
Zoning description

Protect adjacent residential properties by restricting the type of business uses, particularly at the common boundaries, which would create hazards, noise, odors or other objectionable influences

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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