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Parma Office Building 5339 Ridge Rd 6,630 SF Office Building Parma, OH 44129 $595,000 ($89.74/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, 2,210 sqft per floor. Restrooms on each floor. 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. 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
$595,000
Price Per SF
$89.74
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
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 443-20-004 | Total Assessment | $133,910 |
| Land Assessment | $7,700 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $126,210 | Tax Year | 2025 |
Property Taxes
Parcel Number
443-20-004
Land Assessment
$7,700
Improvements Assessment
$126,210
Total Assessment
$133,910
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Parma Office Building | 5339 Ridge Rd
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