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Property profile & analytics

8320 Snow Rd Parma, OH 44129-3159

  • Turn key restaurants
  • 4,518 SF
  • 0.78 lot acres
OFF-MARKET
Value Estimations
$335,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US66-5128271
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

  • Pappou's Family Restaurant / Restaurant / Family Restaurant

Property Details for 8320 Snow Rd

Year built
1976
Construction
WOOD
Lot size
0.78 lot acres
Property size
4,518 SF
Zone code
RB
Property type
Turn key restaurants
APN
443-04-031
APU
44304031

Description

This exceptional commercial property, located at 8320 Snow Road in Parma, Ohio, presents a unique turnkey opportunity for aspiring restaurateurs. The free-standing building sits on a 0.78-acre lot at a bustling intersection, ensuring high visibility and convenient access for customers. The property is offered at $1,200,000 and includes all existing appliances and equipment, eliminating the significant upfront costs associated with outfitting a new restaurant. This ready-to-operate establishment is ideal for immediate occupancy and the commencement of business operations. The ample parking available on-site further enhances the property's appeal and convenience for patrons. The high-traffic location guarantees a steady stream of potential customers, making this a truly exceptional investment opportunity in a thriving commercial area. This is a rare chance to acquire a fully operational restaurant in a prime location, minimizing start-up time and maximizing potential returns. Serious inquiries are encouraged to explore this lucrative venture. The property's size and location make it an attractive proposition for a variety of food service businesses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $330,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $452,000
    Market price range: $275k - $1.46M
    AI Estimate
    $336,000
    Market price range: $337k - $661k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Parma
County
Cuyahoga
State
Ohio
Longitude
-81.7428
Latitude
41.4052
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
$14,023
$59,570
$108,820
$168,390
-
$170,200
$310,900
$481,100
More about this property
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