Property profile

12875 Corporate Dr Parma, OH 44130

OFF-MARKET
Office buildings
Property ID
US66-5886308
70,000 SF 5.49 ac lot Built 2001
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 2001
Construction TYPE NOT SPECIFIED
Total area 70,000 SF
Lot 5.49 ac (238,961 SF)
Zoning code IP
APN 441-13-003
UPID US66-5886308

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
  • (Bike/Boat/Book/etc) Store Hardware & Home Improvement
  • Telecommunications Service
  • Electronics & Wireless Store
  • Business To Business Service

Location

12875 Corporate Dr Parma, OH 44130-9324
Parma metro Census 177101 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$11.34M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.42M

Owner & transaction history

since 2018
7 recorded transactions
2026
Price N/A
2018
$4.3M
2018
$1.7M
2018
$571,160
2018
Price N/A
2014
$4.6M
2013
Price N/A

Zoning & alternative use

IP · Parma, OH
Zoning description

To provide appropriate and convenient Industrial Park Districts with sufficient areas for carrying on industrially oriented office and research activities, providing commercial services, manufacturing and distributing go…

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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