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Property profile & analytics
OFF-MARKET
Retail space
10903 Brookpark Rd, Parma, OH 44130-1122
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2312489
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Total area
6,039 SF
Lot
9.64 ac (420,010 SF)
Zoning code
CB
APN
442-34-002
UPID
US66-2312489
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Md Property Holdings LLC · 2 yrs held
Md Property Holdings LLC
since 2023
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
CB · Parma, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Parma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parma submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$23,734
Tax year 2023
Assessed value
$271,880
Assessed 2023
Previous assessed
$271,880
+0.0% YoY
Effective rate
8.73%
On assessed value
Assessed land
$271,880
Land market value
$776,800
Total market value
$776,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Total area
6,039 SF
Lot
9.64 ac (420,010 SF)
Zoning code
CB
APN
442-34-002
UPID
US66-2312489
Jurisdiction
CUYAHOGA
Zoning & alternative use
CB · Parma, OH
Zoning CB · permitted uses
CB · Parma, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Parma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
9.64 ac
Current owner
From public records · entity-resolved
Md Property Holdings LLC
Entity
Mailing address
10901 BROOKPARK RD, PARMA, OH 44130-1122
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2023
$500,000
Md Property Holdings LLC
John A And F Adelbert Spitzer Prtnr
Warranty Deed
—
Jul 20, 2023
—
Md Property Holdings LLC
Md Property Holdings LLC
Intrafamily Transfer
related
—
Jul 6, 2011
—
Spitzer Management INC
—
Deed Of Trust
related
$41,224,146 · J P Morgan Chase Bank
Jan 13, 2009
—
Spitzer Management INC
—
Deed Of Trust
related
$48,580,000 · J P Morgan Chase Bank
—
—
John A Spitzer & F Adelbert Sp
—
Deed Of Trust
related
$39,500,000 · Bmo Harris Bk NA
—
—
John A Spitzxer & F Adelbert S
—
Loan Modification
related
$175,000,000 · Bmo Harris Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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