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Property profile & analytics
OFF-MARKET
Banks

5775 Chevrolet Blvd Parma, OH 44130-1414

2,290 SF 0.6 ac lot Built 1972
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-6044776
Property summary
AI-generated overview

Snowville Plaza, located at 5775 Chevrolet Blvd in Parma, Ohio, presents a compelling investment opportunity in a Class B, multi-tenant executive office building. This 64,520 square foot property is currently 100% occupied, offering immediate and consistent cash flow. Situated in Cuyahoga County, with a Parma, Ohio address and zip code 44130, the building's strategic location provides excellent access to major transportation routes and amenities. The property is classified as both retail and office space, specifically catering to executive office needs within a neighborhood setting. While the current tenancy is multiple, the building's strong occupancy rate speaks to its desirability and the robust demand for office space in this area. The building's size and current occupancy make it an attractive asset for investors seeking a stable and profitable investment in the thriving Parma market. Interested parties are encouraged to inquire for further details regarding this exceptional opportunity. The property is currently fully leased, presenting a strong, stable income stream. This is a rare opportunity to acquire a fully occupied, well-located commercial property in a desirable Ohio market. The building's classification as a Class B property reflects its solid construction and functional design, making it an ideal choice for businesses seeking high-quality office space.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1972
Construction TYPE NOT SPECIFIED
Total area 2,290 SF
Lot 0.6 ac (26,000 SF)
Zoning code SC
APN 442-43-021
UPID US66-6044776
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
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by Request
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Blend (final) Blend
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Owner & transaction history
131 Invest Way LLC · 3 yrs held
131 Invest Way LLC
since 2022
Last sale
$283,500
5 recorded transactions
2022
$283,500
2018
$1.0M
2013
Price N/A
2012
$1.1M
2007
$930,799
Zoning & alternative use
SC · Parma, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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