Property profile

8383 Day Dr Parma, OH 44129

OFF-MARKET
Turn key restaurants
Property ID
US66-1818850
8,400 SF 1.12 ac lot Built 1988
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Construction TYPE NOT SPECIFIED
Total area 8,400 SF
Lot 1.12 ac (48,678 SF)
Zoning code CB
APN 449-27-016
UPID US66-1818850

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

8383 Day Dr Parma, OH 44129-5610
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
$626k
Blend (final) Blend
$325k

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Zoning & alternative use

CB · Parma, OH
Zoning description

Provide sufficient areas for carrying on research, providing commercial services, manufacturing and distributing goods to serve the community, to promote employment and to strengthen the economy of the community

General category INDUSTRIAL

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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