Property profile

1852 Snow Rd 1942 Parma, OH 44134

OFF-MARKET
Community centers
Property ID
US66-1227584
16,500 SF 5.57 ac lot Built 1963
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1963
Construction TYPE NOT SPECIFIED
Total area 16,500 SF
Lot 5.57 ac (242,455 SF)
Zoning code SC
APN 445-26-004
UPID US66-1227584

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
  • Restaurant

Location

1852 Snow Rd, Unit 1942 Parma, OH 44134-2723
Parma metro Census 177304 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2019
Price N/A
2017
$8.0M
2014
$9.2M
2006
$20.6M

Zoning & alternative use

SC · Parma, OH
Zoning description

Provide for the development of a wide variety of business and shopping facilities within an integrated and unified arrangement of buildings and facilities in areas of sufficient dimensions to satisfy all off street parki…

General category COMMERCIAL
Top alternative use upside
Medical building $1.8M +7.3%

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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