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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
9111 Brookpark Rd, Parma, OH 44129-6821
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US66-1740759
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Construction
WOOD
Total area
10,000 SF
Lot
1.05 ac (45,900 SF)
Zoning code
CB
APN
442-12-009
UPID
US66-1740759
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
$355k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$553k
Blend (final)
Blend
$555k
Owner & transaction history
Sotak Realty LLC · 10 yrs held
Sotak Realty LLC
since 2016
3 recorded transactions
Zoning & alternative use
CB · Parma, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$905,000
+76.3%
Auto repair, garage
$890,000
+73.7%
Commercial (general)
$830,000
+61.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
$355,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$715,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$510,000
Current use
OFFICE BUILDING
$905,000
Change: +76% · Conversion: Difficult
AUTO REPAIR, GARAGE
$890,000
Change: +74% · Conversion: Easy
COMMERCIAL (GENERAL)
$830,000
Change: +62% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$740,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
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
$56 / 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
$15,070
Tax year 2023
Assessed value
$181,830
Assessed 2023
Previous assessed
$181,830
+0.0% YoY
Effective rate
8.29%
On assessed value
Assessed land
$106,020
Assessed improvement
$75,810
Land market value
$302,900
Improvement market value
$216,600
Total market value
$519,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
1
Total area
10,000 SF
Lot
1.05 ac (45,900 SF)
Zoning code
CB
APN
442-12-009
UPID
US66-1740759
Jurisdiction
CUYAHOGA
Zoning & alternative use
CB · Parma, OH
Zoning CB · permitted uses
CB · Parma, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Parma. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$510,000
OFFICE BUILDING
Est. value
$905,000
AUTO REPAIR, GARAGE
Est. value
$890,000
COMMERCIAL (GENERAL)
Est. value
$830,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$740,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Sotak Realty LLC
Entity
Mailing address
9111 BROOKPARK RD, PARMA, OH 44129-6821
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2016
$650,000
Sotak Realty LLC
Brookpark A & M Properties LLC
Warranty Deed
$520,000 · Northwest Bk
Jun 30, 2004
—
Brookpark A & M Properties LLC
X & W Commmercial Properties
Grant Deed
$720,000 · Charter One Bank
May 9, 2002
$820,000
X
Szitasi,edmund
Grant Deed
$520,200 · Charter One Bank Fsb
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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