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    Property profile & analytics

    4427 Brookpark Rd Parma, OH 44134-1163

    • Manufacturing properties
    • 3,734 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US66-2511801
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Current Automations LLC / Electrician / Home Theater Store
    • CLE Vintage / Furniture Store

    Property Details for 4427 Brookpark Rd

    Year built
    1949
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.17 lot acres
    Property size
    3,734 SF
    Zone code
    CA
    Property type
    Manufacturing properties
    APN
    443-28-001
    APU
    44328001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $210,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $210,000
      Mixed-Use
      $210,000
      Hospitality
      $240,000
      Educational
      $190,000
      Residential Income
      $240,000
      Energy
      $220,000
      Income-Based Land
      $185,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Parma
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7161
    Latitude
    41.4185
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,771
    $11,130
    $30,380
    $41,510
    -
    $31,800
    $86,800
    $118,600

    Comparable in this City

    • Value Estimation by Request
      0.15 Acres

      25th W Dr

      FOOD PACKING, PACKING PLANT • 0.15 Acres
      25th W Dr, Cleveland, OH 44134
      View Details
    • Value Estimation by Request
      0.11 Acres

      67th E Dr

      MANUFACTURING (LIGHT) • 0.11 Acres
      67th E Dr, Cleveland, OH 44134
      View Details
    • Value Estimation by Request
      0.06 Acres

      53rd W Dr

      FOOD PACKING, PACKING PLANT • 0.06 Acres
      53rd W Dr, Cleveland, OH 44134
      View Details
    • Value Estimation by Request
      0.14 Acres

      56th W Dr

      MANUFACTURING (LIGHT) • 0.14 Acres
      56th W Dr, Cleveland, OH 44134
      View Details
    • Value Estimation by Request
      0.08 Acres

      67th E Dr

      MANUFACTURING (LIGHT) • 0.08 Acres
      67th E Dr, Cleveland, OH 44134
      View Details
    • Value Estimation by Request
      0.13 Acres

      31st E Dr

      MANUFACTURING (LIGHT) • 0.13 Acres
      31st E Dr, Cleveland, OH 44134
      View Details

    Similar Nearby for Sale

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      Fully occupied, two-story commercial property with high traffic visibility.
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      Parma Duplex with Recent Updates

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      Land available in Parma, Ohio.
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    Similar Nearby for Lease

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      26,747 SF

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      Flex space • 26,747 SF
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      Rockside Road Office Space Available

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      Retail Space in High-Traffic Location

      Prime retail space with basement in Parma, high traffic area.
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    • Contact for pricing
      2,400 SF

      Retail Space in High-Traffic Area

      Neighborhood shopping center with high visibility and traffic counts.
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      Parma Retail/Office Space Available

      Turnkey retail/office spaces in prime location with street signage.
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    • $1,750 /Mo
      13,068 SF

      Brookpark Road Retail/Automotive Space

      High-traffic Parma commercial space suitable for retail or automotive use.
      3315 Brookpark Rd, Cleveland, OH 44134
      View Details
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    4427 Brookpark Rd
    Parma, OH 44134-1163
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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