5522 Pearl Rd Parma, OH 44129
Property profile & analytics
5522 Pearl Rd Parma, OH 44129
- Warehouses
- 2,707 SF
- 0.29 lot acres
Property ID
US66-5552759
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 5522 Pearl Rd
- Year built
- 1959
- Construction
- WOOD
- Lot size
- 0.29 lot acres
- Property size
- 2,707 SF
- Zone code
- RB
- Property type
- Warehouses
- APN
- 442-20-050
- APU
- 44220050
Description
This vacant 2,707 square foot Class B shopping center in Parma, Ohio, presents a unique investment opportunity. Located at 5522 Pearl Rd, 44129, this single-tenant, net-lease property boasts a prime location with high traffic counts and 30 paved parking spaces. Previously occupied by a diverse mix of tenants including Taco Bell, Wendy's, Walmart, DaVita, Chase Bank, and Dairy Queen, the property offers significant potential for redevelopment or lease to a new tenant. The lease expired July 1, 2024, and the property has been vacant since February 1, 2019. Situated in a bustling suburban area on the Cleveland border, this property benefits from a strong sense of community and diverse population. The land value is priced between $350 and $761 per square foot. The property's free-standing design and ample parking make it highly attractive for a variety of retail uses. This location offers easy access to residential neighborhoods, commercial establishments, and community amenities, ensuring consistent foot traffic and visibility. The property's 100% ownership provides complete control and flexibility for the new owner. Consider this exceptional opportunity to acquire a strategically located retail property in a thriving Ohio community.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Parma
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.7371
- Latitude
- 41.4114
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,057
$23,490
$11,060
$34,550
-
$67,100
$31,600
$98,700
