6505 Pearl Rd Parma Heights, OH 44130-3816
This established drive-thru beverage store in Parma Heights, Ohio, presents a compelling investment opportunity. Located on a high-traffic street (6505 Pearl Rd, 44130) with over 15,000 vehicles passing daily, this business boasts a strong location in a high-income area (median household income $85,394). The sale includes both the building and the business, offering approximately $35,000 in inventory and a C1 and D1 liquor license, including a Sunday liquor license. The property, built in 1990, features a newer roof, a 2021 asphalt update, and a full security system. Recent improvements include HVAC inspection and upgrades to the electrical system, hot water tanks, and roof. A second garage bay and a large underutilized basement offer significant value-add potential. Currently closed before noon on weekdays and all day Sunday, expanding hours could dramatically increase revenue. Phase 1 and 2 environmental reports are available. This turnkey operation presents a rare chance to capitalize on a high-demand location with potential for substantial growth, particularly given the proximity to the new Browns stadium in Brook Park. The asking price is $390,000 plus inventory.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Parma Heights, OHParma Heights. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.