Property profile

5426 Rdg Rd Parma, OH 44129

OFF-MARKET
Warehouses
Property ID
US66-1963846
2,635 SF 0.58 ac lot Built 1926
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1926
Construction WOOD
Total area 2,635 SF
Lot 0.58 ac (25,150 SF)
Zoning code RB
APN 442-18-090
UPID US66-1963846

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
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Atm Bank
  • Postal Service Courier Service

Location

5426 Rdg Rd Parma, OH 44129-1409
Parma metro Census 177103 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2018
$220,000

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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