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    5682 State Rd Parma, OH 44134-2265
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    Property profile & analytics

    5682 State Rd Parma, OH 44134-2265


    • Warehouses
    • 3,016 SF
    • 0.18 lot acres
    Off-Market
    Last Sale Sep 5, 2024
    $250,000
    Property ID
    US66-1702002
    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.

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Warehouses

    Property Details for 5682 State Rd

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.18 lot acres
    Property size
    3,016 SF
    Zone code
    RB
    Property type
    Warehouses
    APN
    444-18-025
    APU
    44418025

    Description

    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.


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    Location Insight

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    • Local Demand
    City
    Parma
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7109
    Latitude
    41.4075
    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
    $4,476
    $12,290
    $38,500
    $50,790
    -
    $35,100
    $110,000
    $145,100
    More about this property
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