Property profile

2903 Brookpark Rd Parma, OH 44134

OFF-MARKET
Turn key restaurants
Property ID
US66-2257620
2,700 SF 0.18 ac lot Built 1954
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1954
Construction WOOD
Total area 2,700 SF
Lot 0.18 ac (8,003 SF)
Zoning code CA
APN 444-06-003
UPID US66-2257620

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
  • Bar & Pub

Location

2903 Brookpark Rd Parma, OH 44134-1310
Parma metro Census 177303 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

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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