5543 State Rd Parma, OH 44134-2256
Property Lookup
Property profile & analytics
5543 State Rd Parma, OH 44134-2256
- Retail space
- 904 SF
- 0.15 lot acres
Property ID
US66-6294959
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 5543 State Rd
- Year built
- 1968
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property size
- 904 SF
- Zone code
- RB
- Property type
- Retail space
- APN
- 444-08-004
- APU
- 44408004
Description
This exceptional Parma, OH retail property, situated on a 0.15-acre lot at 5543 State Road, presents a unique investment opportunity. Priced at $239,000, the property boasts a turnkey setup, ideal for immediate occupancy and operation. The building currently functions as a successful business, offering a history of stability and consistent performance. A significant advantage is the attached residential space, perfect for owner occupancy or leasing to employees, providing additional income potential. This versatile space is well-suited for a variety of uses, including its current configuration as a deli and butcher shop. The existing equipment and infrastructure are in place, minimizing start-up costs and allowing for a seamless transition for a new owner. The convenient location offers easy access to major highways, ensuring high visibility and accessibility for customers. The seller is open to owner financing options with a suitable down payment, making this an attractive proposition for qualified buyers. This property represents a rare blend of commercial and residential space, offering both income generation and the potential for significant return on investment. The attached home provides flexibility and convenience, while the established business history minimizes risk. Don't miss this chance to acquire a thriving business and valuable real estate in a prime location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Parma
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.71
- Latitude
- 41.4109
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,710
$9,380
$22,230
$31,610
-
$26,800
$63,500
$90,300
