Property profile

12307 Plz Dr 25 Parma, OH 44130

OFF-MARKET
Warehouses
Property ID
US66-1979179
25,500 SF 2.35 ac lot Built 1989
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1989
Construction TYPE NOT SPECIFIED
Total area 25,500 SF
Lot 2.35 ac (102,248 SF)
Zoning code RM
APN 441-37-004
UPID US66-1979179

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
  • Property Management Company

Location

12307 Plz Dr, Unit 25 Parma, OH 44130-1044
Parma metro Census 177101 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
$645k
Blend (final) Blend
$395k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

RM · Parma, OH
Zoning description

To provide a Research Manufacturing District that allows for commercial service, research and light industrial development

General category INDUSTRIAL

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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