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    Property profile & analytics

    6286 Pearl Rd Parma Heights, OH 44130-3062

    • Strip malls
    • 30,414 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimation
    $4,115,000
    Last Sale
    Mar 02, 2023
    $4,387,000
    Location Intelligence
    Property ID
    US66-3495087
    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.

    Current Use by Public Records

    • Pearl Road Shopping Center / Shopping Mall
    • Vitcom / Discount Store
    • Electronics Ohio / Electronics Store

    Property Details for 6286 Pearl Rd

    Year built
    1978
    Lot size
    0.79 lot acres
    Property size
    30,414 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    471-15-042
    APU
    47115042

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,095,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,030,000
      6.5%
      $4,395,000
      7%
      $4,045,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,415,000
      Geo Method
      $4,490,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,315,000
      Retail
      $4,135,000
      Mixed-Use
      $4,470,000
      Hospitality
      $3,860,000
      Educational
      $4,065,000
      Residential Income
      $4,315,000
      Energy
      $4,465,000
      Income-Based Land
      $3,440,000
      Food Service
      $3,535,000

    Location Insight

    • Map
    • Local Demand
    City
    Parma Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7644
    Latitude
    41.3908
    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
    $5,598
    $60,450
    $0.00
    $60,450
    -
    $172,700
    $0.00
    $172,700

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      Pearl Rd

      SHOPPING CENTER, STRIP CENTER • 0.17 Acres
      Pearl Rd, Middleburg Heights, OH 44130
      View Details
    • Value Estimation by Request
      7,168 SF

      Pearl Rd

      SHOPPING CENTER, STRIP CENTER • 7,168 SF
      Pearl Rd, Parma Heights, OH 44130
      View Details
    • Value Estimation
      $335,000
      6,700 SF

      6230 Stumph Rd

      SHOPPING CENTER, STRIP CENTER • 6,700 SF
      6230 Stumph Rd, Parma Heights, OH 44130-2270
      View Details
    • Value Estimation
      $1,315,000
      21,979 SF

      6476 York Rd, Unit 6516

      SHOPPING CENTER, STRIP CENTER • 21,979 SF
      6476 York Rd, Parma Heights, OH 44130-3067
      View Details
    • Value Estimation
      $215,000
      0.40 Acres

      15250 Bagley Rd

      SHOPPING CENTER, STRIP CENTER • 0.40 Acres
      15250 Bagley Rd, Middleburg Heights, OH 44130-4822
      View Details
    • Value Estimation
      $215,000
      0.40 Acres

      Bagley Rd

      SHOPPING CENTER, STRIP CENTER • 0.40 Acres
      Bagley Rd, Middleburg Heights, OH 44130
      View Details

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    Similar Nearby for Lease

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      Renovated Retail Space in Parma

      Retail spaces available in renovated Parma Heights plaza.
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      Retail Space in High-Traffic Center

      Retail space in a highly trafficked shopping center.
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      Retail Space Near Southwest General

      Retail space available near hospital and university with high occupancy.
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      Retail Center Anchored by Grocers

      Highly trafficked retail center near I-71 and I-480.
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      9,600 SF

      Retail Space with Drive-Thru Potential

      9,600 SF retail space with drive-thru in Middleburg Heights.
      17000 Bagley Rd, Middleburg Heights, OH 44130
      View Details
    • Contact for pricing
      119,812 SF

      Pearl Plaza Retail Space Available

      Prime Middleburg Heights retail endcap with patio.
      6858 Pearl Rd, Middleburg Heights, OH 44130
      View Details
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    6286 Pearl Rd
    Parma Heights, OH 44130-3062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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