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Property profile & analytics
FOR SALE
Industrial land

5389 W 130Th St Parma, OH 44130

16.61 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US66-1751394
5389 W 130Th St, Parma, OH 44130 For Sale
$1,290,000
5389 W 130Th St, Parma, OH 44130
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Property summary
AI-generated overview

This exceptional 16.6-acre parcel presents a unique build-to-suit opportunity for industrial development in Parma, Ohio. Zoned for industrial use, this site offers significant potential for a large-scale project, with build-to-suit options up to 250,000 square feet. Strategically located at the intersection of Brookpark Road and West 130th Street, the property benefits from exceptional visibility and high traffic counts, with over 20,000 vehicles passing daily on West 130th Street. This prime location ensures excellent accessibility for employees and clients alike. Furthermore, the property enjoys convenient proximity to major transportation arteries, including easy access to I-480 and I-71, facilitating efficient logistics and distribution. The site is also less than 10 minutes from Cleveland Hopkins International Airport, providing seamless connectivity for national and international operations. This is an unparalleled opportunity to establish a significant industrial presence in a thriving and well-connected area of Cuyahoga County. The address is 5389 W 130th St, Parma, OH 44130. This build-to-suit land offers a blank canvas for your vision, allowing for customized design and construction to meet your specific operational needs.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 16.61 ac (723,557 SF)
Zoning code IA
APN 441-02-001
UPID US66-1751394
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.29M
Owner & transaction history
Premier 130 Ne LLC · 4 yrs held
Premier 130 Ne LLC
since 2021
Last sale
$1.3M
7 recorded transactions
2021
$1.3M
2006
Price N/A
2006
Price N/A
2000
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IA · Parma, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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