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    OFF-MARKET
    Warehouses

    5682 State Rd, Parma, OH 44134-2265

    3,016 SF 0.18 ac lot Built 1956
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US66-1702002
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a freestanding commercial building located at 5682 State Rd, Parma, OH 44134, in Cuyahoga County. The property boasts 3,393 square feet of retail space situated on a 0.18-acre lot. The building features a first floor entirely dedicated to retail use, complete with a bathroom, office, and workshop areas. A full basement provides ample storage space. Adding to the property's versatility, the upper level includes a two-bedroom apartment and an efficiency unit, offering additional income potential. The property also includes a convenient 15-car parking lot located at the rear of the building. The asking price for this property is $300,000. This is a rare find in a high-traffic area, making it an ideal investment for those seeking a strong return on investment. The property's combination of retail space, residential units, and ample parking makes it a truly unique and attractive opportunity. The location in Parma, Ohio offers excellent access to major roadways and a thriving local community. Don't miss this chance to acquire a well-maintained, income-producing property with significant upside potential.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1956
    Construction WOOD
    Total area 3,016 SF
    Lot 0.18 ac (7,984 SF)
    Zoning code RB
    APN 444-18-025
    UPID US66-1702002
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Lion King Express LLC · 1 yrs held
    Lion King Express LLC
    since 2024
    Last sale
    $250,000
    4 recorded transactions
    2024
    $250,000
    2024
    2015
    $141,000
    2015
    Zoning & alternative use
    RB · Parma, OH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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