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5500 Ridge Rd
Parma, OH 44129
Parma Medical Center · Office Property For Sale
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
33,000 SF
Building Class
C
Year Built/Renovated
1960/2005
Price
$2,500,000
Price Per SF
$75.76
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
16,500 SF
Building FAR
0.63
Lot Size
1.20 AC
Zoning
C
Parking
225 Spaces (6.82 Spaces per 1,000 SF Leased)
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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