Property profile

5629 Pearl Rd Parma, OH 44129

OFF-MARKET
Retail space
Property ID
US66-2466699
5,310 SF 0.37 ac lot Built 1969
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Construction TYPE NOT SPECIFIED
Total area 5,310 SF
Lot 0.37 ac (15,977 SF)
Zoning code RB
APN 443-02-011
UPID US66-2466699

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
  • Take-out & Catering Catering Service

Location

5629 Pearl Rd Parma, OH 44129-2546
Parma metro Census 177104 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2024
Last sale
$430,000
2 recorded transactions
2024
Price N/A
2023
$430,000

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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