Property profile

2104 Parma Rd Parma, MI 49269

OFF-MARKET
Retail space
Property ID
US43-1977139
9,100 SF 1 ac lot Built 2007
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 9,100 SF
Lot 1 ac (43,560 SF)
Zoning code C 1
APN 000-06-25-476-002-05
UPID US43-1977139

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
  • Discount Store
  • Bank Credit Union

Location

2104 Parma Rd Parma, MI 49269-0427
Parma metro Census 6500 JACKSON, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$830k
CAP Approach CAP
$965k
Comparable Approach Comparable
$726k
Blend (final) Blend
$880k

Owner & transaction history

since 2021
Last sale
$750,000
4 recorded transactions
2021
$750,000
2016
Price N/A
2007
$125,000
1969
Price N/A

Zoning & alternative use

C 1 · Parma, MI
Top alternative use upside
Restaurant $765,000 +23.9%
Medical building $745,000 +20.6%
Office building $675,000 +9.2%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2104 Parma Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message