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Parma Office Building 5339 Ridge Rd 6,630 SF Office Building Parma, OH 44129 $624,900 ($94.25/SF)
Investment Highlights
- Corner Location
- Solid Masonry construction
- Multiple floors
Executive Summary
Free-standing office building on the corner of Laverne Ave and Ridge Rd. Concrete Parking lot in the rear. 3 levels of rentalable or usable space. Well-built and well-maintained office property. Easy access to Brookpark Rd and I-480 exits. Great visibility with excellent traffic counts. Potential for owner-user to lease out extra space to small business owners. Currently, the building is not leased. Flexible layout allows for separate suites. Owner-occupants or investors can take advantage of this great property. Separate utility meters are in place.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
6,630 SF
Building Class
C
Year Built/Renovated
1992/2018
Price
$624,900
Price Per SF
$94.25
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,210 SF
Slab To Slab
9’
Building FAR
1.52
Lot Size
0.10 AC
Zoning
RB - Office and Retail
Parking
10 Spaces (1.51 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Storage Space
- Smoke Detector
1 1
Walk Score®
Very Walkable (78)
Property Taxes
| Parcel Number | 443-20-004 | Total Assessment | $133,910 (2024) |
| Land Assessment | $7,700 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $126,210 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
443-20-004
Land Assessment
$7,700 (2024)
Improvements Assessment
$126,210 (2024)
Total Assessment
$133,910 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Parma Office Building | 5339 Ridge Rd
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