Property profile

6455 Pearl Rd Parma Heights, OH 44130

OFF-MARKET
Assisted living facilities
Property ID
US66-6071204
63,754 SF 2.08 ac lot Built 1990
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1990
Construction TYPE NOT SPECIFIED
Total area 63,754 SF
Lot 2.08 ac (90,766 SF)
Zoning code C
APN 472-24-005
UPID US66-6071204

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

6455 Pearl Rd Parma Heights, OH 44130-2984
Parma Heights metro Census 178205 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$730k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.50M
Blend (final) Blend
$1.12M

Owner & transaction history

since 2018
5 recorded transactions
2018
$5.9M
2005
$1.7M
2002
Price N/A
2001
Price N/A
2001
Price N/A

Zoning & alternative use

C · Parma Heights, OH
Zoning description

This district is intended to provide commercial and related uses

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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