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    Property profile & analytics

    6405 Pearl Rd Parma Heights, OH 44130

    • Turn key restaurants
    • 5,506 SF
    • 1.05 lot acres
    For Sale
    View listing
    $215,000
    Value Estimation
    Last Sale
    Sep 20, 2023
    $600,000
    Location Intelligence
    Property ID
    US66-2245323
    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

    • Turn key restaurants

    Property Details for 6405 Pearl Rd

    Year built
    1977
    Construction
    WOOD
    Lot size
    1.05 lot acres
    Property size
    5,506 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    472-26-003
    APU
    47226003

    Description

    This exceptional 0.73-acre commercial lot is ideally situated on Pearl Road in Parma Heights, Ohio, at 6405 Pearl Road, zip code 44130. The property is zoned for General Commercial use, presenting a multitude of development opportunities. With an asking price of $215,000, this parcel offers significant potential for investors and businesses alike. The high-traffic location boasts an impressive 15,444 vehicles per day, according to ODOT TIMS data, ensuring excellent visibility and accessibility. Furthermore, the surrounding area demonstrates strong economic indicators, with an average household income exceeding $79,038 within a three-mile radius. This prime location in Cuyahoga County provides easy access to major transportation routes and a thriving community. The property's size and zoning make it suitable for a variety of commercial ventures. Don't miss this opportunity to acquire a valuable piece of commercial real estate in a desirable location. This offering includes lifetime access easements.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $560,000

    • CAP approach

      CAP return
      Estimation
      6%
      $685,000
      6.5%
      $655,000
      7%
      $665,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $700,000
      Geo Method
      $705,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $610,000
      Retail
      $675,000
      Mixed-Use
      $655,000
      Hospitality
      $630,000
      Educational
      $670,000
      Residential Income
      $700,000
      Energy
      $555,000
      Income-Based Land
      $570,000
      Food Service
      $670,000

    Location Insight

    • Map
    • Local Demand
    City
    Parma Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7677
    Latitude
    41.3863
    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
    $14,686
    $80,260
    $93,210
    $173,470
    -
    $229,300
    $266,300
    $495,600

    Comparable in this City

    • Value Estimation
      $3,790,000
      5,583 SF

      17011 Bagley Rd

      RESTAURANT • 5,583 SF
      17011 Bagley Rd, Middleburg Heights, OH 44130-2545
      View Details
    • Value Estimation
      $205,000
      1,164 SF

      10036 Brookpark Rd

      RESTAURANT • 1,164 SF
      10036 Brookpark Rd, Cleveland, OH 44130
      View Details
    • Value Estimation
      $710,000
      6,242 SF

      6395 Pearl Rd

      RESTAURANT • 6,242 SF
      6395 Pearl Rd, Parma Heights, OH 44130-3077
      View Details
    • Value Estimation
      $335,000
      2,793 SF

      10300 Sprague Rd

      RESTAURANT • 2,793 SF
      10300 Sprague Rd, Parma, OH 44130-7588
      View Details
    • Value Estimation
      $365,000
      3,232 SF

      6380 York Rd

      RESTAURANT • 3,232 SF
      6380 York Rd, Parma Heights, OH 44130-3028
      View Details
    • Value Estimation
      $340,000
      2,520 SF

      18055 Bagley Rd

      RESTAURANT • 2,520 SF
      18055 Bagley Rd, Middleburg Heights, OH 44130-3406
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,700 SF

      Freestanding Building on Brookpark Road

      2,700 SF building ideal for restaurant or retail.
      10800 Brookpark Rd, Cleveland, OH 44130
      View Details
    • $2,916,667
      2,092 SF

      Popeyes Restaurant NNN Investment Opportunity

      New construction Popeyes with long-term lease and rental increases.
      17505 Bagley Rd, Middleburg Heights, OH 44130
      View Details
    • $1,440,000
      3.15 Acres

      Middleburg Heights Commercial Building For Sale

      Renovated commercial building with income and development potential.
      18820 Bagley Rd, Middleburg Heights, OH 44130
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    • $215,000
      0.73 Acres

      Prime Parma Heights Commercial Land

      0.73-acre lot, General Commercial zoning.
      6405 Pearl Rd, Parma Heights, OH 44130
      View Details
    • $399,000
      1.14 Acres

      Commercial Land in Middleburg Heights

      1.14 acre commercial land in prime location.
      7280 Pearl Rd, Middleburg Heights, OH 44130
      View Details
    • $34,900
      0.11 Acres

      Residential Land in Parma Heights

      Land for sale in Parma Heights, build your dream home.
      Parkhill Dr, Parma Heights, OH 44130
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      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
      34,412 SF

      Cleveland QSR Outparcel Opportunity

      High-traffic location, 0.79 acres, ground lease.
      10260 Brookpark Rd, Cleveland, OH 44130
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space Near Southwest General

      Retail space available near hospital and university with high occupancy.
      18324-18348 Bagley Rd, Middleburg Heights, OH 44130
      View Details
    • Contact for pricing
      6,095 SF

      Retail Center Anchored by Grocers

      Highly trafficked retail center near I-71 and I-480.
      6801-6849 Pearl 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
    • Contact for pricing
      9,560 SF

      Sprague Square Center Retail Space

      Prime Retail Space, Middleburg Heights, OH
      7800 130 St, Middleburg Heights, OH 44130
      View Details
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    Parma Heights, OH 44130
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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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