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Property profile & analytics
OFF-MARKET
Industrial land

Michigan Ave Parma, MI 49269

8 ac lot
Entity Owned 7-yr Hold Free & Clear
Property ID
US43-4246327
Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 8 ac (348,480 SF)
Zoning code RS-1
APN 000-07-35-376-010-03
UPID US43-4246327
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
J W B Properties LLC · 7 yrs held
J W B Properties LLC
since 2018
2 recorded transactions
2018
Price N/A
2018
Price N/A
Zoning & alternative use
RS-1 · Parma, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(B) Single-Family Residential District (RS-1). This District is designed to provide residential areas principally for moderate densities where necessary urban services and facilities, including central sewerage and water supply systems can be feasibly provided. (1) Permitted uses. (a) Single-family detached dwellings. (b) On-site signs, only in accordance wi…

Zone name Suburban Residential
General category RESIDENTIAL
Zone area 190.66 ac
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