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Property profile & analytics
OFF-MARKET
Commercial land
7404 Pleasant Vly Rd Parma, OH 44130-6104
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-1470552
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1954
Total area
1,028 SF
Lot
1.98 ac (86,248 SF)
Zoning code
RB
APN
455-19-007
UPID
US66-1470552
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
Ridge Pv LLC · 1 yrs held
Ridge Pv LLC
since 2024
5 recorded transactions
Zoning & alternative use
RB · Parma, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Zone name
Retail Business
General category
COMMERCIAL
Zone area
506.77 ac
Source
Realmo
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parma 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
$5,169
Tax year 2023
Assessed value
$49,560
Assessed 2023
Previous assessed
$49,560
+0.0% YoY
Effective rate
10.43%
On assessed value
Assessed land
$49,560
Land market value
$141,600
Total market value
$141,600
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1954
Heating
FORCED AIR
Stories
1
Rooms
5
Bathrooms
1
Total area
1,028 SF
Lot
1.98 ac (86,248 SF)
Zoning code
RB
APN
455-19-007
UPID
US66-1470552
Jurisdiction
CUYAHOGA
Zoning & alternative use
RB · Parma, OHZoning RB · permitted uses
RB · Parma, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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
Zone name
Retail Business
General category
COMMERCIAL
Zone area
506.77 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1954
Heating
FORCED AIR
Stories
1
Rooms
5
Bathrooms
1
Lot
1.98 ac
Current owner
From public records · entity-resolved
Ridge Pv LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5301 HAUSERMAN RD STE #303, PARMA, OH 44130-1235
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2024
—
Ridge Pv LLC
Ridge Pv LLC
Intrafamily Transfer
related
—
Aug 6, 2024
—
Ridge Pv LLC
Robert B Euerle
Quit Claim Deed
related
—
Aug 2, 2019
$184,250
Robert B Euerle
7404 Pvr LLC
Grant Deed
$147,400 · Mutual/omaha Mtg LLC
Dec 3, 2018
—
Ridge &e W Pleasant Vly Prop Ll
Allgood Trust
Grant Deed
related
—
Nov 7, 2007
—
Allgood 2007 Trust
Toma,robert J
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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