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Parma Medical Center 5500 Ridge Rd 28,000 SF 100% Leased Office Building Parma, OH 44129 $2,500,000 ($89.29/SF)
EXECUTIVE SUMMARY
Situated in a bustling and well-connected area of Parma, this property serves as a versatile office and medical building offering convenient access to major local destinations and community services. The structure features multiple levels of functional space suited for professional use, supported by ample surface parking and positioned within a corridor known for steady activity and strong visibility. Its surroundings include established neighborhoods, schools, and commercial amenities, making it a practical choice for organizations seeking a central location with consistent traffic and accessibility
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
28,000 SF
Building Class
C
Year Built/Renovated
1960/2005
Price
$2,500,000
Price Per SF
$89.29
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,000 SF
Building FAR
0.54
Lot Size
1.20 AC
Zoning
C
Parking
225 Spaces (8.04 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 443-01-002 | Improvements Assessment | $356,265 |
| Land Assessment | $91,455 | Total Assessment | $447,720 |
PROPERTY TAXES
Parcel Number
443-01-002
Land Assessment
$91,455
Improvements Assessment
$356,265
Total Assessment
$447,720
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Parma Medical Center | 5500 Ridge Rd
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