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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Manufacturing properties
5400 Chevrolet Blvd Parma, OH 44130-1451
Entity Owned
8-yr Hold
Free & Clear
Property ID
US66-0183139
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Lot
132.06 ac (5,752,479 SF)
Zoning code
IA
APN
441-12-001
UPID
US66-0183139
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
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Abf Freight System INC · 8 yrs held
Abf Freight System INC
since 2018
5 recorded transactions
Zoning & alternative use
IA · Parma, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide in appropriate and convenient districts, sufficient areas for carrying on industrially oriented office and research activities, providing commercial services, manufacturing and distributing goods to serve the community, to promote employment and to strengthen the economy of the community
Zone name
Industrial A
General category
INDUSTRIAL
Zone area
312.22 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Parma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parma submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$552,675
Tax year 2023
Assessed value
$6,624,490
Assessed 2023
Previous assessed
$6,624,490
+0.0% YoY
Effective rate
8.34%
On assessed value
Assessed land
$2,725,940
Assessed improvement
$3,898,550
Land market value
$7,788,400
Improvement market value
$11,138,700
Total market value
$18,927,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Heating
NONE
Lot
132.06 ac (5,752,479 SF)
Zoning code
IA
APN
441-12-001
UPID
US66-0183139
Jurisdiction
CUYAHOGA
Zoning & alternative use
IA · Parma, OHZoning IA · permitted uses
IA · Parma, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide in appropriate and convenient districts, sufficient areas for carrying on industrially oriented office and research activities, providing commercial services, manufacturing and distributing goods to serve the community, to promote employment and to strengthen the economy of the community
Zone name
Industrial A
General category
INDUSTRIAL
Zone area
312.22 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
132.06 ac
Current owner
From public records · entity-resolved
Abf Freight System INC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 460169, HOUSTON, TX 77056-8169
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2018
—
Abf Freight System INC
Parma Cmnty Imp Corp
Quitclaim Deed
related
—
Apr 10, 2017
—
Parma Cmnty Improvement Corp
City Of Parma Ohio
Quitclaim Deed
related
—
Jun 23, 2011
—
City Of Parma
Racer Properties LLC
Grant Deed
related
—
Jun 28, 2004
$115,200
Cleveland Growers Marketing
General Motors Corp
Grant Deed
—
—
—
Mwp Co
—
Deed Of Trust
related
$5,200,000 · Ge Com'l Finance Business Prop
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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