Property profile

5339 Rdg Rd Parma, OH 44129

OFF-MARKET
Office buildings
Property ID
US66-2609682
5,304 SF 0.1 ac lot Built 1992
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1992
Construction WOOD
Total area 5,304 SF
Lot 0.1 ac (4,400 SF)
Zoning code RB
APN 443-20-004
UPID US66-2609682

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
  • Financial Advisor
  • Insurance Agency
  • Tax Preparation
  • Employment Agency
  • Business Management Consultant

Location

5339 Rdg Rd Parma, OH 44129-1467
Parma metro Census 177104 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k

Owner & transaction history

since 2021
Last sale
$400,000
1 recorded transaction
2021
$400,000

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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