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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Office buildings
6929 130th St Parma Heights, OH 44130-7895
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-6022602
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
TYPE NOT SPECIFIED
Total area
53,018 SF
Lot
1.56 ac (68,007 SF)
Zoning code
C
APN
473-24-012
UPID
US66-6022602
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
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Marc Resnick · 2 yrs held
Marc Resnick
since 2024
Last sale
$750,000
7 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
Method
Estimation
Statistic approach
by Request
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $750k (Mar 18 2024)
Last sale anchor
$750k
Mar 18 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$22 / SF
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
$16,190
Tax year 2023
Assessed value
$352,280
Assessed 2023
Previous assessed
$352,280
+0.0% YoY
Effective rate
4.60%
On assessed value
Assessed land
$95,200
Assessed improvement
$257,080
Land market value
$272,000
Improvement market value
$734,500
Total market value
$1,006,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
6
Bathrooms
6
Total area
53,018 SF
Lot
1.56 ac (68,007 SF)
Zoning code
C
APN
473-24-012
UPID
US66-6022602
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
1973
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
6
Bathrooms
6
Lot
1.56 ac
Current owner
From public records · entity-resolved
Marc Resnick
Individual
Mailing address
48 E OLD COUNTRY RD, MINEOLA, NY 11501-4642
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2024
—
Marc Resnick
—
Deed
related
$300,000 · Perry D Stolberg
Jun 18, 2024
$750,000
Marc Resnick
Southland Commons LLC
Warranty Deed
$700,000 · Michael Polacco
Jun 8, 2017
$1,000,000
Southland Commons LLC
Southland Parma Heights LP
Grant Deed
related
$700,000 · Other Institutional Lenders
Jun 30, 2014
—
Southland Parma Heights LP
—
Grant Deed
related
$1,300,000 · Home S&l/youngstown
Jun 4, 2008
$2,200,000
Southland Parma Heights
Southland Pointe LLC
Warranty Deed
related
$2,220,000 · Dollar Bank Fsb
Feb 29, 2008
—
Southland Pointe LLC
—
Trustees Deed
related
$815,000 · Huntington National Bank
Nov 25, 2002
$1,650,000
Southland Pointe LLC
South I INC
Grant Deed
related
$235,000 · South I INC
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.
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