Property profile

5847 Broadview Rd Parma, OH 44134

OFF-MARKET
Office buildings
Property ID
US66-0190564
3,255 SF 0.35 ac lot Built 1957
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1957
Construction WOOD
Total area 3,255 SF
Lot 0.35 ac (15,390 SF)
Zoning code OB
APN 445-16-013
UPID US66-0190564

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
  • Insurance Agency
  • Hair Salon Nail Salon
  • Hair Salon Nail Salon
  • Dental Office
  • Insurance Agency

Location

5847 Broadview Rd Parma, OH 44134-3109
Parma metro Census 177302 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2020
Last sale
$250,000
4 recorded transactions
2020
Price N/A
2017
$88,950
2006
$250,000
1969
Price N/A

Zoning & alternative use

OB · Parma, OH
Zoning description

To provide Office Building Districts for both local and regional offices adjacent to business or residential areas that will ensure compatibility with and protect adjoining Residential Districts

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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