Property profile

5432 State Rd Parma, OH 44134

FOR SALE
Warehouses
Property ID
US66-0839488
2,014 SF 0.11 ac lot Built 1930
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1930
Construction WOOD
Total area 2,014 SF
Lot 0.11 ac (4,988 SF)
Zoning code RB
APN 443-30-135
UPID US66-0839488

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5432 State Rd Parma, OH 44134
Parma metro Census 177202 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$70k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2025
Last sale
$71,000
4 recorded transactions
2025
$71,000
2020
Price N/A
2018
$70,000
2001
$100,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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