Entity Owned Property summary
This exceptional 0.347-acre commercial land parcel in Parma, Ohio, presents a unique development opportunity. Located on Pearl Road between Ridge and Snow Roads, this shovel-ready site boasts approximately 100 feet of frontage and 175 feet of depth, ensuring excellent visibility and exposure for your business. The property's Local Retail zoning makes it ideal for a variety of retail uses. All utilities are conveniently located on the site, simplifying development and reducing costs. The high vehicle counts on Pearl Road, combined with the proximity to numerous existing retailers and restaurants, create a strong foundation for success. This attractive property consists of two parcels, APN 44232055 and 44232056, and is offered at an asking price of $119,500. Its prime location and readily available infrastructure make this an exceptional investment for discerning developers seeking a high-impact retail presence in a thriving community. Don't miss this chance to acquire a highly visible and easily developed commercial lot in a desirable area with significant potential for growth and return. The property's convenient location and zoning make it a perfect fit for a wide range of commercial ventures.
Property profile
VerifiedCap rate & NOI
Current use
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Publishing House Printing Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RB · Parma, OHProtect 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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RB in Parma, OH.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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