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    5393 Rdg Rd Parma, OH

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    For Sale
    $995,000

    3,044 SF building on hard-corner, signalized location.

    Property size:
    3,044 SF
    Lot size:
    0.61 Acres

    Property Features for 5393 Rdg Rd

    General Information

    Size
    3,044 SF
    Lot size
    0.61 Acres

    Source: CBRE | Cleveland Agent Keith Hamulak

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Free-Standing Building on Ridge Road

    This is a 3,044 square foot free-standing building. The property is located south of Brookpark Road and north of Pearl Road. It benefits from a hard-corner, signalized location in a densely populated area. The location has excellent traffic counts, with 24,325 vehicles per day on Ridge Road. There are 32 parking spaces available.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Parma Flower Shop

    Location Insight

    • Map
    • Local Demand
    City
    Parma
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7294702
    Latitude
    41.3886412

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    FAQs

    What type of property is this?
    Storefront property - 3,044 SF building on hard-corner, signalized location.
    Where is this storefront property located?
    The property is located at 5393 Rdg Rd Parma, OH.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Hard-corner, signalized location; - Excellent Traffic Counts: 24,325 VPD on Ridge Road (ODOT); - 3,044 SF, free-standing building
    (216) 687-1800
    Request Owner's contact information
    5393 Rdg Rd Parma, OH
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5393 Rdg Rd Parma, OH
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