Property profile

Park Dr Parma, OH 44134

OFF-MARKET
Office buildings
Property ID
US66-5294927
8,406 SF 30.23 ac lot Built 1980
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 8,406 SF
Lot 30.23 ac (1,316,935 SF)
APN 451-26-003
UPID US66-5294927

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Park Dr Parma, OH 44134
Parma metro CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.69M
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$690k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2022
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.4M +4.3%

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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