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Property profile & analytics
OFF-MARKET
Warehouses

6505 Pearl Rd Parma Heights, OH 44130-3816

1,248 SF 0.29 ac lot Built 1990
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-2287376
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Construction TYPE NOT SPECIFIED
Total area 1,248 SF
Lot 0.29 ac (12,446 SF)
Zoning code C
APN 472-22-005
UPID US66-2287376
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rrc Express Way LLC · 3 yrs held
Rrc Express Way LLC
since 2023
Last sale
$315,000
2 recorded transactions
2023
$315,000
2016
$107,000
Zoning & alternative use
C · Parma Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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