Property profile

6820 Rdg Rd Parma, OH 44129

OFF-MARKET
Medical Office Space
Property ID
US66-1944369
15,716 SF 0.76 ac lot Built 1997
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1997
Construction TYPE NOT SPECIFIED
Total area 15,716 SF
Lot 0.76 ac (33,106 SF)
Zoning code RB
APN 449-25-007
UPID US66-1944369

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Construction Company General Contractor
  • Physician
  • Physician
  • Physician

Location

6820 Rdg Rd Parma, OH 44129-5646
Parma metro Census 177606 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$925k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$935k

Owner & transaction history

since 2020
Last sale
$1.0M
7 recorded transactions
2025
Price N/A
2020
Price N/A
2019
Price N/A
2018
$1.0M
2012
Price N/A
2003
Price N/A
1969
Price N/A

Zoning & alternative use

RB · Parma, OH
Zoning description

Protect adjacent residential properties by restricting the type of business uses, particularly at the common boundaries, which would create hazards, noise, odors or other objectionable influences

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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