Property profile

6950 Rdg Rd Parma, OH 44129

OFF-MARKET
Turn key restaurants
Property ID
US66-1849871
6,224 SF 1.92 ac lot Built 1994
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1994
Construction TYPE NOT SPECIFIED
Total area 6,224 SF
Lot 1.92 ac (83,635 SF)
Zoning code MF-3
APN 455-10-004
UPID US66-1849871

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
  • Restaurant

Location

6950 Rdg Rd Parma, OH 44129-5629
Parma metro Census 177606 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$784k
Blend (final) Blend
$375k

Owner & transaction history

since 2017
5 recorded transactions
2017
$4.5M
2016
$3.8M
2016
Price N/A
2012
Price N/A
2007
Price N/A

Zoning & alternative use

MF-3 · Parma, OH

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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