Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    6853 130th St Parma Heights, OH 44130-7819

    • Strip malls
    • 45,875 SF
    • 3.94 lot acres
    OFF-MARKET
    Value Estimation
    $3,925,000
    Last Sale
    Apr 07, 2023
    $4,200,000
    Location Intelligence
    Property ID
    US66-0171732
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 6853 130th St

    Year built
    1964
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.94 lot acres
    Property size
    45,875 SF
    Zone code
    C
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    473-24-005
    APU
    47324005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,920,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,205,000
      6.5%
      $4,460,000
      7%
      $4,440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,690,000
      Geo Method
      $3,650,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,740,000
      Retail
      $3,505,000
      Mixed-Use
      $4,500,000
      Hospitality
      $4,165,000
      Educational
      $4,440,000
      Residential Income
      $4,325,000
      Energy
      $4,145,000
      Income-Based Land
      $4,645,000
      Food Service
      $4,310,000

    Location Insight

    • Map
    • Local Demand
    City
    Parma Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.784
    Latitude
    41.3776
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $75,967
    $300,160
    $581,880
    $882,040
    -
    $857,600
    $1,662,500
    $2,520,100

    Comparable in this City

    • Value Estimation
      $455,000
      6,300 SF

      10703 Pleasant Vly Rd

      SHOPPING CENTER, STRIP CENTER • 6,300 SF
      10703 Pleasant Vly Rd, Parma, OH 44130-5165
      View Details
    • Value Estimation
      $295,000
      5,278 SF

      6448 Pearl Rd

      SHOPPING CENTER, STRIP CENTER • 5,278 SF
      6448 Pearl Rd, Parma Heights, OH 44130-2909
      View Details
    • Value Estimation
      $410,000
      5.00 Acres

      Pearl Rd

      SHOPPING CENTER, STRIP CENTER • 5.00 Acres
      Pearl Rd, Middleburg Heights, OH 44130
      View Details
    • Value Estimation
      $605,000
      24,400 SF

      7557 Pearl Rd

      SHOPPING CENTER, STRIP CENTER • 24,400 SF
      7557 Pearl Rd, Middleburg Heights, OH 44130-6429
      View Details
    • Value Estimation by Request
      0.58 Acres

      7579 Pearl Rd

      SHOPPING CENTER, STRIP CENTER • 0.58 Acres
      7579 Pearl Rd, Middleburg Heights, OH 44130-6429
      View Details
    • Value Estimation
      $665,000
      35,540 SF

      6876 Pearl Rd

      SHOPPING CENTER, STRIP CENTER • 35,540 SF
      6876 Pearl Rd, Middleburg Heights, OH 44130-3635
      View Details

    Similar Nearby for Sale

    • $1,440,000
      3.15 Acres

      Middleburg Heights Commercial Building For Sale

      Renovated commercial building with income and development potential.
      18820 Bagley Rd, Middleburg Heights, OH 44130
      View Details
    • $2,916,667
      2,092 SF

      Popeyes Restaurant NNN Investment Opportunity

      New construction Popeyes with long-term lease and rental increases.
      17505 Bagley Rd, Middleburg Heights, OH 44130
      View Details
    • Contact for pricing
      2,700 SF

      Freestanding Building on Brookpark Road

      2,700 SF building ideal for restaurant or retail.
      10800 Brookpark Rd, Cleveland, OH 44130
      View Details
    • Contact for pricing
      1.00 Acre

      Pearl Plaza Commercial Land

      Prime Middleburg Heights land, build-to-suit.
      6850 Pearl Rd, Middleburg Heights, OH 44130
      View Details
    • Contact for pricing
      670,702 SF

      Independence Warehouse For Sale

      670,702 SF warehouse property available for sale.
      8001 Pleasant Valley Rd, Independence, OH 44130
      View Details
    • Contact for pricing

      4.6 Acres Zoned Motor Services

      4.6 acres of commercial land with freeway exposure.
      Engle Lake Dr, Middleburg Heights, OH 44130
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,584 SF

      Retail Space in High-Traffic Center

      Retail space in a highly trafficked shopping center.
      6869 Pearl Rd, Cleveland, OH 44130
      View Details
    • Contact for pricing
      5,252 SF

      Renovated Retail Space in Parma

      Retail spaces available in renovated Parma Heights plaza.
      6333-6339 Olde York Rd, Parma Heights, OH 44130
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space Near Southwest General

      Retail space available near hospital and university with high occupancy.
      18324-18348 Bagley Rd, Middleburg Heights, OH 44130
      View Details
    • Contact for pricing
      6,095 SF

      Retail Center Anchored by Grocers

      Highly trafficked retail center near I-71 and I-480.
      6801-6849 Pearl Rd, Middleburg Heights, OH 44130
      View Details
    • Contact for pricing
      119,812 SF

      Pearl Plaza Retail Space Available

      Prime Middleburg Heights retail endcap with patio.
      6858 Pearl Rd, Middleburg Heights, OH 44130
      View Details
    • Contact for pricing
      9,560 SF

      Sprague Square Center Retail Space

      Prime Retail Space, Middleburg Heights, OH
      7800 130 St, Middleburg Heights, OH 44130
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6853 130th St
    Parma Heights, OH 44130-7819
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.