Technical
Financial
Distress signals
Property profile

5216 Broadview Rd Parma, OH 44134

OFF-MARKET
Retail space
Property ID
US66-2538475
3,550 SF 0.21 ac lot Built 1956
Individually Owned 23-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1956
Construction TYPE NOT SPECIFIED
Total area 3,550 SF
Lot 0.21 ac (8,983 SF)
Zoning code RB
APN 445-01-023
UPID US66-2538475

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

5216 Broadview Rd Parma, OH 44134-1616
Parma metro Census 177303 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2003
1 recorded transaction
2003
$450,000

Zoning & alternative use

RB · Parma, OH
Zoning description

Protect adjacent residential properties by restricting the type of business uses, particularly at the common boundaries, which would create hazards, noise, odors or other objectionable influences

General category COMMERCIAL

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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