6444 Pearl Rd Parma Heights, OH 44130-2900
- Retail space
- 21,612 SF
- 1.83 lot acres
Current Use by Public Records
- Domino's Pizza / Pizza Restaurant / Pizza Takeout
- sky international market / Grocery Store
- Friends for Life Rehabilitation Services / Rehabilitation Center
- ATM / Atm
- The Handsome Hounds / Dog Trainer
Property Details for 6444 Pearl Rd
- Year built
- 1988
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.83 lot acres
- Property size
- 21,612 SF
- Zone code
- C
- Property type
- Retail space
- APN
- 473-19-002
- APU
- 47319002
Description
This exceptional retail property, located at 6444 Pearl Rd in Parma Heights, Ohio, presents a unique investment opportunity. The single-story, 1988-built building sits on a generous 2.223-acre lot and is zoned N-MUD. Currently offering one available space totaling 2,000 square feet, this property is perfect for a build-to-suit project. The existing structure is classified as Class B and offers excellent visibility due to its open space design. The property's address is 6444 Pearl Rd, Parma Heights, OH 44130, and its Cuyahoga County APN is 47319002. The property features a single building with multiple suites, providing flexibility for various retail concepts. This location in Parma Heights offers convenient access to major roadways and a strong customer base. The expansive lot size provides ample room for expansion or additional development. This is an ideal opportunity for businesses seeking high visibility and a strategic location within a thriving community. The property's single-story design ensures easy accessibility and efficient use of space. The available space is ready for immediate occupancy or custom build-out to meet specific business needs. This is a rare chance to acquire a well-positioned retail property in a desirable market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $875,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $785,000
- 6.5%
- $875,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $860,000
- Geo Method
- $805,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $860,000
- Retail
- $755,000
- Mixed-Use
- $735,000
- Hospitality
- $1,005,000
- Educational
- $875,000
- Residential Income
- $730,000
- Energy
- $875,000
- Income-Based Land
- $730,000
- Food Service
- $775,000
Location Insight
- Map
- Local Demand
- City
- Parma Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.7695
- Latitude
- 41.3864
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
