Property profile

2199 Brookpark Rd Parma, OH 44134

OFF-MARKET
Turn key restaurants
Property ID
US66-0199629
1,355 SF 0.22 ac lot Built 1979
Individually Owned 23-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction TYPE NOT SPECIFIED
Total area 1,355 SF
Lot 0.22 ac (9,600 SF)
Zoning code CA
APN 445-01-032
UPID US66-0199629

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

2199 Brookpark Rd Parma, OH 44134-1524
Parma metro Census 177303 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2003
3 recorded transactions
2019
Price N/A
2003
$146,500
2003
$195,000

Zoning & alternative use

CA · Parma, OH
Zoning description

Provide sufficient areas for carrying on research, providing commercial services, manufacturing and distributing goods to serve the community, to promote employment and to strengthen the economy of the community

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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