5555 Ridge Road, Parma, OH 44129

Building Details

Year Built 1957 More

Tenancy Multi More

Listing Agency: Keller Williams Greater Metropolitan

Listed By: Joseph R Hinkle · License #2020000650 Show Phone

Source: Lifestagesrealty

Added: Oct 15 Changed: Nov 7 Last Checked: Nov 7 at 7:32PM

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Investment Insights

Based on property information with market context.

This strip mall contains 7 retail storefronts and was built in 1957. Three units are vacant. One of the two side-by-side spaces in the building identified as 5369 is occupied by a tattoo shop; the other is vacant. The property is offered with a triple-net lease structure.

The listing also includes an adjacent parcel and building as part of a portfolio package. Parking is available at the property.

Key Highlights

• 7 retail storefronts, including 3 vacant units
• Triple‑net lease structure
• Building constructed in 1957

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Gym & Fitness Center Furniture & Home Goods Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

271

Businesses Nearby

Explore this area Business Placement

Demographics for 44129, OH

28,803

Population

12,756

Households

2.3

Avg Household Size

40

Median Age

23%

College-Educated

92%

High-School Grad

5.8 sq mi

ZIP Area

4,966

Density / Sq Mi

$67,619

Median Household Income

$39,174

Median Earnings

$1,024

Median Rent

$150,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - The property combines NNN leasing with available retail space and parking.

Where is this strip mall located?

The property is located at 5555 Ridge Road Parma, OH.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: 7 retail storefronts, including 3 vacant units; Triple‑net lease structure; Building constructed in 1957