Log In/Sign Up
Your email has been sent.
5900 Ridge Rd 4,464 SF 100% Leased Retail Building Parma, OH 44129 $591,000 ($132.39/SF) 8% Cap Rate
Investment Highlights
- Heavy Traffic Count
- Bite-sized investment property, ideal for first time owner
- Great Natural Light
Executive Summary
Bite-size commercial office/retail building for sale in the heart of Parma and on busy Ridge Road (with average traffic counts exceeding 20K cars per day!). The building has been well maintained and the parking lot has been recently re-striped and seal coated. Ground floor retail tenants such as Guys Pizza and Reflections Hair Salon have been in place for over 10 years, demonstrating a commitment to the site. In addition, the second floor, which has two office suites, has been renovated within the last year to include AC units, new flooring and paint. Reflections Hair Salon also went through recent renovations to it's unit. The Seller has owned this property for approx. 10 years, for which time there has been minimal periods of vacancy.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,464 SF
Building Class
C
Year Built
1927
Price
$591,000
Price Per SF
$132.39
Cap Rate
8%
NOI
$47,280
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.19 AC
Zoning
RB
Parking
30 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
70’ on RIDGE RD
Amenities
- 24 Hour Access
- Dedicated Turn Lane
- Property Manager on Site
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Guys Pizza Co. has been open for over a decades and the time has flown by. They started out as a small pizza shop in Euclid, Ohio that they opened fresh out of college. From humble beginnings, they are now a local Northeast Ohio pizza company. The dough is still made fresh daily and they use only the highest quality ingredients.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 449-04-017 | Total Assessment | $84,560 (2025) |
| Land Assessment | $11,760 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $72,800 (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
449-04-017
Land Assessment
$11,760 (2025)
Improvements Assessment
$72,800 (2025)
Total Assessment
$84,560 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026 Payable 2026
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
5900 Ridge Rd