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Property profile & analytics
FOR LEASE
Retail space
6700 Pearl Rd Parma Heights, OH 44130
Entity Owned
11-yr Hold
Free & Clear
Property ID
US66-0821704
For Lease
1 / 8
Contact for pricing
6700 Pearl Rd, Parma Heights, OH 44130
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
TYPE NOT SPECIFIED
Total area
6,000 SF
Lot
0.5 ac (21,830 SF)
Zoning code
C
APN
473-14-035
UPID
US66-0821704
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
Mkb Holdings LLC · 11 yrs held
Mkb Holdings LLC
since 2014
3 recorded transactions
Zoning & alternative use
C · Parma Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Parma Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parma Heights submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,516
Tax year 2023
Assessed value
$38,640
Assessed 2023
Previous assessed
$38,640
+0.0% YoY
Effective rate
9.10%
On assessed value
Assessed land
$19,110
Assessed improvement
$19,530
Land market value
$54,600
Improvement market value
$55,800
Total market value
$110,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1955
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
0
Total area
6,000 SF
Lot
0.5 ac (21,830 SF)
Zoning code
C
APN
473-14-035
UPID
US66-0821704
Jurisdiction
CUYAHOGA
Zoning & alternative use
C · Parma Heights, OH
Zoning C · permitted uses
C · Parma Heights, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Parma Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
0
Lot
0.5 ac
Current owner
From public records · entity-resolved
Mkb Holdings LLC
Entity
Free & Clear · 11 yrs held
Mailing address
6700 PEARL RD, PARMA, OH 44130-3828
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2014
—
Mkb Holdings LLC
Bkm Investment Co LLC
Quit Claim Deed
related
—
Aug 25, 1997
—
Bkm Investment Co LLC
Kosser,bonnie
Grant Deed
related
—
Apr 16, 1997
—
Bonnie Kosser
Katovsky,arlyn
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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