Property profile

12340 Plz Dr Parma, OH 44130

OFF-MARKET
Office buildings
Property ID
US66-0166197
2,010 SF 2.03 ac lot Built 1982
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction TYPE NOT SPECIFIED
Total area 2,010 SF
Lot 2.03 ac (88,553 SF)
Zoning code RM
APN 441-30-035
UPID US66-0166197

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
  • Production Facility Factory

Location

12340 Plz Dr Parma, OH 44130-1043
Parma metro Census 177101 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2018
7 recorded transactions
2024
Price N/A
2019
Price N/A
2018
$700,000
2018
Price N/A
2015
$550,000
2011
Price N/A
1969
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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