Property profile

5437 State Rd Parma, OH 44134

OFF-MARKET
Retail space
Property ID
US66-2451176
575 SF 0.13 ac lot Built 1945
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Construction WOOD
Total area 575 SF
Lot 0.13 ac (5,835 SF)
Zoning code RB
APN 444-09-003
UPID US66-2451176

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
  • Hardware & Home Improvement General Contractor

Location

5437 State Rd Parma, OH 44134-1248
Parma metro Census 177303 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2016
Price N/A
2012
Price N/A

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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