The property at 5432 State Road in Parma, Ohio is a mixed-use building constructed in 1930 on a 0.1145-acre lot. It features a ground-floor hair and nail salon and a three-bedroom apartment on the second level. The residential unit includes a living area, kitchen, three bedrooms, two bathrooms, and basement space. The exterior is clad in vinyl siding, and the building is served by forced-air heating and central air conditioning. Public water and public sewer are available. An on-site parking lot supports both the commercial and residential uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$3k

Tax billed · 2023

Assessed value$34k

Assessed land$8k

Assessed improvement$26k

Effective rate9.69%

Value estimate

· Nov 2026

$85k

$77k – $94k

AI approach$70k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?

$51/SF

Submarket average, outlier-cleaned · 762 recorded sales of this use type

Observed band · Q1–Q3$25 – $86

Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

Protect adjacent residential properties by restricting the type of business uses, particularly at the common boundaries, which would crea...

General categoryCOMMERCIAL

JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency17.5

Parking Facility10.9

Law Firm10.4

5432 State Rd Parma, OH 44134-1245

County assessor Recorded deeds · 4 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby

Address Sale price Sold Size

5275 Broadview, Parma, OH 44134-1627 $157,000 Feb 2026 3,060 SF

5402 State, Parma, OH 44134-1244 $270,000 Dec 2025 2,864 SF

90th E, Cleveland, OH 44134 $325,000 Feb 2025 1,296 SF

7664 Broadview, Parma, OH 44134-6746 $125,000 Dec 2024 2,356 SF

5431 State, Parma, OH 44134-1248 $159,900 Jan 2024 1,170 SF

6174 Broadview, Parma, OH 44134-3168 $375,000 Sep 2022 4,464 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation by Request
1,296 SF

90th E Dr

WAREHOUSE, STORAGE

90th E Dr, Cleveland, OH 44134

View Details
Value Estimation
$390,000

4,557 SF

90th E Dr

MANUFACTURING (LIGHT)

90th E Dr, Cleveland, OH 44134

View Details
Value Estimation
$275,000

4,616 SF

Ridgewood Dr

WAREHOUSE, STORAGE

Ridgewood Dr, Parma, OH 44134

View Details
Value Estimation
$65,000

684 SF

91st E Dr

WAREHOUSE, STORAGE

91st E Dr, Cleveland, OH 44134

View Details
Value Estimation
$845,000

21,456 SF

67th E Dr

WAREHOUSE, STORAGE

67th E Dr, Cleveland, OH 44134

View Details
Value Estimation
$2,030,000

26,640 SF

30th E Dr

WAREHOUSE, STORAGE

30th E Dr, Cleveland, OH 44134

View Details

Similar in This City for Lease

New

Contact for pricing
1,500 sqft

Masonry Industrial Space

Sprinkler protection, parking, and highway access support practical commercial use.

12307-12325 Plaza Dr, Parma, OH 44130

View Details
New

Contact for pricing
3,700 sqft

Flex Space with Loading

Two adjacent suites combine office, warehouse, and loading functions for industrial and service-related operations.

12428-12462 Plaza Dr, Parma, OH 44130

View Details
New

Contact for pricing
44,377 sqft

Class A Warehouse with High-Cube Clearance

The masonry facility combines dedicated office space with multiple loading options for warehouse operations.

5565 Venture Dr, Parma, OH 44130

View Details
New

$7.50 SF/Yr

5,100 sqft

Multi-Tenant Office-Warehouse Building

A single-level masonry property combines office and warehouse space with wet-sprinkler protection.

12442 - 12444 Plaza Drive, Parma, OH 44130

View Details
New

Contact for pricing
392,449 sqft

Industrial Warehouse with Crane Bay

Large industrial facility with renovated interiors, substantial power service, loading capacity, and potential CSX rail access.

5520 Chevrolet Blvd, Parma, OH 44130

View Details

Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude

Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

One click on Google

You own 5432 State Rd?

List it free. Reach 20,000 daily buyers.

We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.

5432 State Rd Parma, OH 44134

Property summary