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Property profile & analytics
OFF-MARKET Estimated value $260,000
Medical Office Space

5649 Rdg Rd Parma, OH 44129-2633

487 SF 0.16 ac lot Built 1949
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US66-1318988
Property summary
AI-generated overview

This exceptional investment opportunity presents two adjacent commercial properties in Parma, Ohio, totaling approximately 2683 square feet on a single lot. The properties are situated at 5649 and 5655/5657 Ridge Road, just north of Snow Road, a prime location ideal for retail, mixed-use, or office space. The offering includes two free-standing, all-brick buildings. The building at 5649 Ridge Road comprises approximately 487 square feet, featuring rear parking and a three-car bay garage. The second building, located at 5655 and 5657 Ridge Road, offers approximately 2196 square feet, currently divided into two suites of varying sizes. This larger building also benefits from additional back doors, facilitating potential subdivision into more suites. Both buildings boast newer roofs and three newer furnaces. The properties are being sold "AS IS," presenting a unique chance for buyers to renovate and tailor the space to their specific needs. The combined square footage and strategic location make this a compelling investment prospect with significant upside potential. The properties are offered at $274,900.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1949
Construction WOOD
Total area 487 SF
Lot 0.16 ac (7,050 SF)
Zoning code RB
APN 443-11-006
UPID US66-1318988
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k
Owner & transaction history
Amn Holdings LLC · 1 yrs held
Amn Holdings LLC
since 2025
Last sale
$50,000
2 recorded transactions
2025
$50,000
2016
Price N/A
Zoning & alternative use
RB · Parma, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Protect adjacent residential properties by restricting the type of business uses, particularly at the common boundaries, which would create hazards, noise, odors or other objectionable influences

Zone name Retail Business
General category COMMERCIAL
Zone area 506.77 ac
Source Realmo
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