Financial
Distress signals
Property profile

6585 Rdg Rd Parma, OH 44129

OFF-MARKET
Grocery and convenience stores
Property ID
US66-2631769
4,265 SF 0.67 ac lot Built 2001
Last sale Nov 2009 · $1,537,032
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$40k
Tax billed · 2023
Assessed value$484k
Assessed land$196k
Assessed improvement$287k
Effective rate8.29%

Value estimate

· Sep 2026
$350k
$315k – $385k
CAP approach$825k
Sales comparison$746k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$101/SF
Submarket average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$55 – $187
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RB
Protect adjacent residential properties by restricting the type of business uses, particularly at the common boundaries, which would crea...
General categoryCOMMERCIAL
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.5
Wholesale Shop13.5
Law Firm12.9

Location

6585 Rdg Rd Parma, OH 44129-5528
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5558 Pearl, Parma, OH 44129-2541 $550,000 Apr 2025 4,500 SF
5629 Pearl, Parma, OH 44129-2546 $430,000 Oct 2024 5,310 SF
5655 Pearl, Parma, OH 44129-2546 $300,000 May 2024 3,940 SF
5545 Rdg, Parma, OH 44129-2371 $50,000 Feb 2023 3,859 SF
5236 Rdg, Parma, OH 44129-1453 $240,000 Aug 2021 3,750 SF
5252 Rdg, Parma, OH 44129-1453 $180,000 Aug 2021 3,750 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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