Property profile

5982 State Rd Parma, OH 44134

OFF-MARKET
Retail space
Property ID
US66-1831428
912 SF 0.15 ac lot Built 1950
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction TYPE NOT SPECIFIED
Total area 912 SF
Lot 0.15 ac (6,570 SF)
Zoning code RB
APN 447-06-152
UPID US66-1831428

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
  • General Contractor Hardware & Home Improvement

Location

5982 State Rd Parma, OH 44134-2867
Parma metro Census 177406 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2026
Last sale
$195,000
7 recorded transactions
2026
$195,000
2025
Price N/A
2025
$114,132
2012
Price N/A
2012
$114,132
2009
Price N/A
2002
$1,650

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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