6686 Pearl Rd, Parma Heights, OH 44130-3820
This exceptional 11,863 square foot storefront retail building presents a remarkable investment opportunity in Parma Heights, Ohio. Located at 6686 Pearl Rd, 44130, this fully occupied property boasts a diverse tenant mix, including a first-floor bridal shop occupying the front space and a fitness center situated at the rear. The second floor houses a dance studio, providing a stable and varied income stream. The building features two restrooms and a dedicated storage room, enhancing functionality and tenant appeal. Modern upgrades include air conditioning and newer windows, minimizing maintenance costs and maximizing energy efficiency. Attractive building and window signage is already in place. Access is convenient with both front and rear entrance doors, and ample parking is available with a 15-car lot supplemented by street parking. The property benefits from its strategic location east of Southland Shopping Center and West 130th Street, ensuring high visibility and foot traffic. Easy highway access to I-480 and I-71 further enhances its appeal. This turnkey operation offers a strong return on investment with a current asking price of $515,000. Don't miss this chance to acquire a thriving retail property in a desirable location.
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.