Property profile

1150 Pleasant Vly Rd Parma, OH 44134

OFF-MARKET
Drive through restaurants
Property ID
US66-6129868
2,011 SF 1.44 ac lot Built 1973
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1973
Construction TYPE NOT SPECIFIED
Total area 2,011 SF
Lot 1.44 ac (62,744 SF)
Zoning code RB
APN 452-34-007
UPID US66-6129868

Cap rate & NOI

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

Location

1150 Pleasant Vly Rd Parma, OH 44134-6711
Parma metro Census 177503 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
by Request
Comparable Approach Comparable
$651k
Blend (final) Blend
$710k

Owner & transaction history

since 2022
Last sale
$925,000
4 recorded transactions
2022
$925,000
2007
Price N/A
2005
$950,000
1999
$750,000

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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